In order that elastic commodities can react to rewards, elasticity and also motivation feature together.

You are watching: Which statement best explains how elasticity and incentives work together?

The calculation of just how a facility economic climate responds to a shift is elastic. In different quantities, elasticity reacts more than any type of various other factor.

Incentive is called somepoint that helps a individual in various ways. Remuneration reward, for example. Here, a person wants more money from a content.

Some types of rewards are bribery, natural rewards and also innate impetus.



Answer from: nsg0686

Explanation:

In the contemporary microeconomics, price elasticity actions the correlation in between variation in demand also and also variation in price. If the industry is elastic, a small adjust in price results in a significant change in sales volume. If the industry is inelastic, a significant adjust in price outcomes in a tiny adjust in sales volume. Because of this, the pricing strategy will certainly be different depending upon whether the market is elastic or inelastic:

If the industry is elastic, the rise in profits indicates a decrease in the price.

If the market is inelastic, a boost in earnings suggests a price increase.



Answer from: iamcuriousdelip08rmf

The correct answer is A .An elastic excellent choose game is more likely to respond to motivation.

Elasticity and incentive work together in that elastic products are most likely to respond to impetus.

Elasticity mirrors the measurement on just how a variable economic responds to a readjust. Elasticity responds even more than other proportionals in different variables.

Incentive is termed as somepoint which motivates an individual in different methods. For instance, Remunerative inspiration. This is where an individual expects reward to a product more so money.

Other incentive methods incorporate, coercive motivation, herbal impetus, and intrinsic inspiration.



Answer from: Thunderalesis7855
A the correct answer is A. i just took the test
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