Some pet owners are using an "invisible fence" to keep their animals from straying. Every time the animal steps over the edge of the property, it gets a mild shock. A social scientist would call the shock
A) a bribe.
B) a reward.
C) a disincentive.
D) a normative incentive.
Correct Answer:
Verified
Q121: Jose is rational if he
A) does not
Q125: The rationality assumption says that
A) people do
Q126: People respond to incentives
A) by ignoring negative
Q128: Which of the following would NOT provide
Q131: The assumption that individuals will not intentionally
Q132: Economists assume people behave
A) instinctively.
B) rationally.
C) irrationally.
D)
Q133: Self-interest relates to
A) only monetary objectives.
B) both
Q134: A decision made by a rational person
A)
Q135: Economists assume people are motivated by
A) unlimited
Q136: People behave rationally when they
A)follow the advice
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