Businesses and governments try to encourage people to make particular economic decisions by: A. reducing marginal benefits for those decisions. B. creating incentives for those decisions. C. increasing opportunity costs for those decisions. D. analyzing trade-offs for those decisions.

Businesses and governments try to encourage people to make particular economic decisions by: A. reducing marginal benefits for those decisions. B. creating incentives for those decisions. C. increasing opportunity costs for those decisions. D. analyzing trade-offs for those decisions.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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1 1.1.6 Quiz: Economic Decision Making
Question 4 of 10
Businesses and governments try to encourage people to make particular
economic decisions by:
A. reducing marginal benefits for those decisions.
B. creating incentives for those decisions.
C. increasing opportunity costs for those decisions.
D. analyzing trade-offs for those decisions,
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