Select all the items that describe incentives.

can be positive or negative
can be monetary or non-monetary
can change
affect people's choices and behavior




THIS IS ECONOMICS

Respuesta :

Incentive is any effort made in order to influence someone to do a certain thing.

So, i believe the answer is:

can be positive or negative

(The influence could be created by using either reward or punishment)

can be monetary or non-monetary

(Monetary incentives refers to the incentives in the form of bonus money or other financial benefit while non-monetary refers to the incentives in the form of special treatment)

can change

(Incentives can be changed freely depending on the creator's situation)

affect people's choices and behavior

(People tend to more inclined to make sacrifice if there is incentive on the line in exchange of their hard work)

Answer:

The correct answer is: all of them.

Explanation:

Incentives can be positive (in the form of rewards) or negative (in the form of penalties). Both forms of incentives affect people's choices and behaviors and they can change in order to achieve its main goal: to change people's behavior in predictable ways.

Furthermore, incentives can be either monetary or non-monetary. Examples of monetary incentives include transit fines; examples of non-monetary incentives include social recognition.

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