Consumers, producers, workers, savers, investors, and citizens respond to incentives in order to allocate their scarce resources and receive the _____ .
lowest marginal costs
lowest expected utility
highest possible benefits
Consumers, producers, workers, savers, investors, and citizens respond to incentives in order to allocate their scarce resources and receive the "highest possible benefits," since this is how to avoid the most "opportunity cost".
Consumers, producers, workers, savers, investors, and citizens respond to incentives in order to allocate their scarce resources and receive the highest possible benefits.
