Which of the following can policy do?
A)alter incentives
B)alter trade-offs
C)change opportunity costs
D)All of the above are correct.

Question

Quizplus · Accepted Answer

Policy can alter incentives, trade-offs, and opportunity costs. By changing incentives, policy can encourage or discourage certain behaviors. By altering trade-offs, policy can change the cost-benefit analysis of a decision. By changing opportunity costs, policy can affect the benefits of alternative choices. Therefore, all the options offered are correct.

Which of the Following Can Policy Do