Multiple Choice
Florida schools offered cash bonuses to students who scored high on the state's standardized exams.The cash bonuses are motivated by which economic principle?
A) Choices are necessary because resources are scarce.
B) The true cost of something is its opportunity cost.
C) "How Much" is a decision at the margin.
D) People usually respond to incentives,exploiting opportunities to make themselves better off.
Correct Answer:
Verified
Correct Answer:
Verified
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