asked 190k views
13 votes
Governments and businesses use incentives to:

A. increase the opportunity cost of making an economic decision.

B. convince people to make certain economic decisions.

C. reduce the effects of scarcity when making an economic choice.

O.

D. analyze the costs and benefits of an economic choice.

1 Answer

5 votes

Answer: B. convince people to make certain economic decisions.

Step-by-step explanation:

Economic incentives are given to the people so that they can make a particular decision.

An example of incentive is the tax incentive that's given so that people can consume a certain good. It should e noted that incentives usually involves a financial gain and benefit people.

answered
User Zubactik
by
7.9k points
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