4
QuizMultiple Choice

Elasticity and Incentives

Question 4 • 2102320-Economics HONORS - Edgenuity Teacher

A consumer might respond to a negative incentive by

Answer
A
purchasing more of the products.
B
buying the good at a cheap price.
C
receiving a discount.
D
decreasing use of the product to save money.

Explanation

A negative incentive makes an action less appealing, often by adding a cost or penalty. A consumer may respond by decreasing use of the product to save money, which is choice D.

AI-written and checked against the verified answer.

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