Question

@JJ_Stark @beccaboo333 @Lena772 @LadyM @vortish
Which term describes the kind of benefit that motivates an economic decision?

A. Profit
B. Liability
C. Innovation
D. Incentive

Answer 1

which do you think?

Answer 2

a

Answer 3

nope

Answer 4

Income received for entrepreneurial skills and risk taking, calculated by subtracting all of a firm's explicit and implicit costs from its total revenues.

Answer 5

thats a

Answer 6

b is Legal responsibility to pay for damages or losses one has caused.

Answer 7

c is A new idea or method.

Answer 8

incentive: A cost or benefit that motivates a decision or action by consumers, businesses, or other participants in the economy.

Answer 9

and d is Any reward or benefit, such as money, advantage or good feeling, that motivates people to do something.

Answer 10

c

Answer 11

http://www.econedlink.org/economic-resources/glossary.php

Answer 12

d sorry

Answer 13

yes its d

Answer 14

Based on the definitions that you received from @beccaboo333 and myself, that would make the answer d.

Answer 15

thank you both

Answer 16

welcome

Answer 17

You're welcome. Also, the link that @beccaboo333 gave you is useful and could help you out in the future.