All categories

4 years ago

A consumer might respond to a negative incentive because it could be a chance to

Social Studies

2 answers:

maw [93]4 years ago

7 0

A consumer might respond to a negative incentive as it could be a chance to avoid additional charges.

Further explanation:

Consumers respond to incentives: Consumers respond to incentives in order to maximize their profits or satisfaction. By responding to the positive incentives, a consumer can raise his/her profits to the maximum level. Whereas, by responding to the negative incentives, a consumer can avoid any potential losses and thereby, can maximize his/her profits level.

Negative incentive: A negative incentive is an inducement to an individual to change the current behavior in order to prevent any potential losses in the future. The main reason why consumers respond to a negative incentive is to avoid the additional charges that could be there in the future, to maximize the profits.

Thus, to prevent additional charges, a consumer might respond to a negative incentive.

Learn more:

Learn more about the elasticity of demand brainly.com/question/11290773
Learn more about trade-offs brainly.com/question/5057443
Learn more about consumer protection laws brainly.com/question/1862829

Answer details:

Grade: Middle School

Subject: Economics

Chapter: Consumer behavior

Keywords: a consumer might respond, to a negative incentive, it could be a chance, to purchase a very popular item, buy a good, cheap price, take advantage, sale, avoid additional charges, the consumer responds to incentives, to maximize the profits, satisfaction, positive incentives, avoid potential losses.

Fantom [35]4 years ago

5 0

To avoid an additional charges

A consumer might react to a negative incentive because there is the consideration which leads to the additional charges due to which customer change his or her replies in predictable ways. In this instance of a negative influence, their intensity will be restricted on allocation and they would not get a great return.

You might be interested in

What produces more than two-thirds of sulfur dioxide emissions?

inysia [295]

According to EPA, more than 65% of sulfur dioxide is produce in the US in a year, or over 13 million tons comes from electric utilities, and 93% of it is produced by the coal power plants.

China is known as the world’s largest consumer of coal and as of this time, over 30% of the country experiences acid rainfall because of the sulfur released.

4 0

3 years ago

Read 2 more answers

Making changes in response to problems or opportunities as they arise, rather than attempting to foresee them, is referred to as

artcher [175]

Answer:

Reactive

Explanation:

Reactive change involves making changes or responding to problems as they occur rather than anticipating or foreseeing them.

Reactive change occurs when an organization makes changes in its practices after some threat or opportunity has already occurred. This type of change is often counter productive in the long run as it does not give time for an appropriate response since it was not anticipated. Often times, it is rather destabilizing as this require a much greater effort to overcome as compared to if it was a proactive change.

5 0

3 years ago

Cinco adjetivos de manzana

kumpel [21]

Rojo, dulce, verde, agrio, amargo.

8 0

3 years ago

HELP ASAP!!!!!

Stels [109]

Answer:

Hope this helps you out <3

Explanation:

Ivan Allen Jr. served as mayor of Atlanta from 1962 to 1970. He is credited with leading the city through an era of significant physical and economic growth and with maintaining calm during the civil rights movement. In 1965 he persuaded the Braves to move to Atlanta from Milwaukee, Wisconsin.

4 0

3 years ago

Read 2 more answers

What conclusion can you draw about life for Native Americans in New Spain? Explain your Answer

Ede4ka [16]

Answer:

They had a terrible life

Explanation:

The reason why the natives were reallocated to the new spain is because they lost the conflict against the soldiers of the Spanish empire. The spaniards took their land away from them and force them to move away.

Even after they're reallocated in new spain, they still subjected to a really rough treatment. They are forced to work in labor camps and forced to abandon the culture/tradition that they held throughout their life. The spanish Empire wanted them to replace it with Spanish culture, language, and religion.

6 0

3 years ago