If Small Changes in Incentives Can Induce a Factor to Shift

question 113

Multiple Choice

If small changes in incentives can induce a factor to shift between alternative uses,we say that the factor is

• A)efficient.
• B)mobile.
• C)inelastic.
• D)declining.
• E)flighty.

---

Definitions:

Mastery Motivation

A drive to achieve competence and control over one’s environment, leading to persistent and focused effort in task completion.

Recognition

Ability to identify a previously encountered stimulus.

Major Term

In a categorical syllogism, the term that occurs in the predicate of the conclusion.

Syllogism

An argument involving a sequence of three propositions where the first two serve as the basis for the third, demonstrating a logical relationship.