SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Economics A Level (DONEEEEEEE)

» Start this Course
(Practice similar questions for free)
Question:

Explain how the Incentive Function Happens

Author: eric_galvao



Answer:

-The Price will act Incentivise Firms to make Calls - Higher Prices will call for more Supply as there is an Incentive to Produce More - Higher Profits


0 / 5  (0 ratings)

1 answer(s) in total