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We learned back in unit one that a point in the guide to economic reasoning is that people respond predictably to incentives. Which of the

We learned back in unit one that a point in the guide to economic reasoning is that people respond predictably to incentives.

Which of the following is true?

A. Individuals are motivate by revenue and business firms by elasticity

B. Individuals are motivate by profits and business firms by utility

C. Individuals are motivate by elasticity and business firms by reveunue.

D. Individuals are motivate by utility and business firms by profits.

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