Author Question: Father says, Earn a B-average on your next report card and I'll help you buy a car. An economist ... (Read 122 times)

bio_gurl · **on:** Jun 29, 2018

Father says, Earn a B-average on your next report card and I'll help you buy a car. An economist would say that this parent is providing his child a(n)

A) study disincentive.
B) reason to slack off and not worry about her grades.
C) bribe.
D) incentive.

Question 2

An increase in the price of labor used to produce good Y will lead to

A) an increase in the market clearing price of good Y.
B) an increase in the supply of good Y.
C) a decrease in the demand for good Y.
D) an increase in the demand for good Y.