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Cassidy Spruill
on Oct 27, 2024

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Economists tend to believe that to change people's behavior you must:

A) appeal to their concern for society.
B) change their incentives.
C) legislate the change.
D) appeal to their religious values.

Change Incentives

The process of altering the motivations or rewards to influence behavior in economic contexts, such as in markets or within organizations.

Economic Theory

A set of principles and frameworks used to understand, explain, and predict how economies operate and how economic agents interact.

Religious Values

Principles and moral standards shaped by religious beliefs that influence individuals' behavior and choices.

  • Fathom the relationship between incentives and behavioral changes in economic aspects.
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bansal mehakOct 30, 2024
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