In the market, actions known as incentives affect

Question

Kenya Crane

Social Studies

21 May, 20:13

In the market, actions known as incentives affect

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Answers (2)

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Aileen · Answer 1

In the market, actions known as incentives affect the supply and demand. Incentives are something that incites or tends to incite to action or greater effort, as a reward offered for increased productivity. Hope this answers the question. Have a nice day.

Malaki · Answer 2

I believe the answer is: consumers or producers.

Incentives refers to the aid or regulations that made by the government in order to encourage a certain economic action.

This usually being done by giving producers a certain tax cut to produce a certain type of product, which would affect producer's profit and product's price for the customers.