Economic incentive

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter8: Business Organizations
Section: Chapter Questions
Problem 2AA
icon
Related questions
Question
Economic incentive
Expert Solution
Step 1

Economic Incentive:- 

Corporations and organizations utilize economic incentives to persuade participants to interact in certain manner.
Economic incentives are being used as a tool to encourage people's involvement in the government sector. 

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Labor Strikes
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co