ECONOMICS (CBSE/UGC NET)

ECONOMICS

INCENTIVES

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which of these is NOT a positive incentive that would make someone want to move to a new place?

A	Better jobs
B	A healthy climate
C	The promise of owning land
D	High crime rate

Explanation:

Detailed explanation-1: -Positive incentives can include praise, bonuses, career advancements, earning extra vacation days, gift certificates and other monetary rewards.

Detailed explanation-2: -Negative incentives make people worse off and are called “penalties.” Losing TV time, not swimming, missing PE class, and time out are negative incentives. These are things you do not want to happen.

Detailed explanation-3: -Negative incentive measures or disincentives are mechanisms designed to discourage activities that are harmful for biodiversity. Examples of disincentives are user fees or pollution taxes.

Detailed explanation-4: -Positive incentives are any offers that make consumers more likely to purchase something. They include discounts and free samples. For example, offering free shampoo samples with the purchase of a conditioner at full price can convince consumers to purchase the shampoo next time they are at the store.

There is 1 question to complete.