Something That Induces a Person to Act Is Called

question 9

Multiple Choice

Something that induces a person to act is called

• A)a trade-off.
• B)a policy.
• C)an incentive.
• D)an opportunity cost.

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Definitions:

Legal Services

Professional services provided by lawyers or legal practitioners related to the law, including advice, representation, and the preparation of legal documents.

Revenue Earned

The total income received by a company from its business activities, such as sales of products or services, before any expenses are deducted.

Production Possibilities Frontier

A graph that illustrates the highest potential production levels for two items, considering a specific set of resources.

Assumptions

Premises or conditions accepted as true without proof for the purpose of analysis and modeling.