Question

When the real estate agent thinks about the additional commission he/she can make from an additional $10,000 on the sale price of the house, what economic concept are they using sub-consciously?

Answer 1

Answer:

Cost and benefit( everything is in the incentives)

Explanation:

This deals with rational expectations and rational choices that is choosing the choice that would provide more in benefit to them than in the cost which might be in the form of incentives around the cost of product.