Question

Introduction: Match each type of incentive with the best example given.
negative consumer incentive

price increases
positive consumer incentive

making more money
positive producer incentive

high manufacturing costs
negative producer incentive
sale prices

Answer 1

Answer: positive consumer-sale price

negative consumer-price increase

negative producer-high manufacturing

positive producer-more money

Explanation:e2020

Answer 2

The incentives illustrated are given below:

• positive consumer - sale price
• negative consumer - price increase
• negative producer - high manufacturing

• positive producer - more money

Incentive simply means a motivation to do a particular thing. It should be noted that an incentive motivates and incites an individual.

For example, an increase in the price of a good is an incentive to a producer. This will make the producer of the good produce more products.

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