Which of the Following Is True of Incentives

question 72

Multiple Choice

Which of the following is true of incentives?

• A) Different people are motivated by different incentives.
• B) Money is the only measure of incentives.
• C) All of the people in a particular nation are motivated by the same incentives.
• D) In economics, people are assumed to respond to disincentives instead of incentives.

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Definitions:

Sherman Act

A foundational antitrust law in the United States aimed at prohibiting monopolistic and anti-competitive practices.

Unreasonable Conduct

Behavior by an individual or entity that is not rational or sensible, often violating norms or laws.

Antitrust Actions

Legal measures taken to prevent or reduce monopoly power and foster competition in the marketplace.

Antitrust Action

Measures enforced by governments to prevent or reduce market monopolies and promote competition among businesses.