Question

Consumers, producers, workers, savers, investors, and citizens respond to incentives in order to allocate their scarce resources and receive the _____ .

lowest marginal costs
lowest expected utility
highest possible benefits

Answer 1

Consumers, producers, workers, savers, investors, and citizens respond to incentives in order to allocate their scarce resources and receive the highest possible benefits.

Answer 2

Consumers, producers, workers, savers, investors, and citizens respond to incentives in order to allocate their scarce resources and receive the "highest possible benefits," since this is how to avoid the most "opportunity cost".