Suppose That the Government of New York State Promises to Decrease

question 191

Multiple Choice

Suppose that the government of New York state promises to decrease taxes to a firm if it decides to stay in New York instead of moving to another state. This policy on the part of the state constitutes ________, to make the ________ of the firm remaining in New York.

• A) an incentive; marginal benefit exceed the marginal cost
• B) an incentive; marginal cost exceed the marginal benefit
• C) a command; marginal benefit exceed the marginal cost
• D) a command; marginal cost exceed the marginal benefit

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Definitions:

Affective Outcome

Emotional or psychological consequences resulting from specific situations, interventions, or experiences.

On-The-Job Training

Training provided to employees at their place of work, offering hands-on experience and practical skills relevant to their job functions.

Grocery Checker

An employee in a grocery store responsible for scanning and checking out customers' purchases at the cashier.

Programmed Instruction

An educational technique that uses self-learning materials and practices to teach new skills or concepts.