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Indicate how each of the following changes would influence the incentive of a decision maker to undertake the action described.

A.) a reduction in the temperature from 80 degrees to 50 degrees on ones's decision to go swimming.

B.) a change in the meeting time of the introductory economics course from 11:00am to 7:30 am on one's decision to attend lectures.

C.) a reduction in the number of exam problems that relate directly to the text on the students decision to read the text.

D.) an increase in the price of beef on one's decision to buy steak.

E.) an increase in the rental rates of apartments on one's decision to build additional rental housing units.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M942227

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