BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Incentives are methods used to encourage people to take certain actions. They can also be benefits offered to encourage people to act in certain ways.

Detailed explanation-2: -In economics, utility is a term used to determine the worth or value of a good or service. More specifically, utility is the total satisfaction or benefit derived from consuming a good or service. Economic theories based on rational choice usually assume that consumers will strive to maximize their utility.

Detailed explanation-3: -Expert-Verified Answer. The correct answer is Positive incentive. This sort of incentive is more profitable after the successful completion of a specific strategy in a corporate firm or organisation.

Detailed explanation-4: -A producer is someone who creates and supplies goods or services. Producers combine labor and capital-called factor inputs-to create-that is, to output-something else. Business firms are the main examples of producers and are usually what economists have in mind when talking about producers.