The purpose of an economic model is to explain the behavior of the issue being examined.
c) explain the behavior of the issue being examined.
<u>Explanation:</u>
The thesis of the economic behavior that can be tested is obtained through an economic model. The economic model describes reality in simplified manner.
Economists generally rely on economic theories or models to study the issues in real-world. The economic models propose the economic ideas that will be helpful for the individuals, company or the government to make decisions. The economic model explains the behavior of the issue that is examined, and helps economist to make predictions about the real world.
Economists use economic models to answer questions.
Answer:Sasha will feel less stressed and happier
Explanation:
It can be very discouraging and may be disheartening when you don't know how to perform your job and may even be stressful however if you know how to perform your duties it brings a relief, peace and happiness.
Even your boss may start to recognise you effort.
When you know you have confidence in what you are doing you are likely to feel happier and less stressed than when you didn't know how to perform your duties.
The correct answer that accurately defines what structure is
that it is defined as how one’s resources are being organized or are organized
by which based on the choices above, the correct answer is the first choice
that is provided above.
Answer:Adding negative incentive would more likely result in Clarice choosing to read the textbook.
Explanation:
If she knows there will be negatives incentives when she watches the show she would likely not watch it.
How exactly does incentives impact human behaviors?
Most of the times we are driven by intrinsic motivation however extrinsic motivation also plays a huge role such as incentives .
People are commonly attracted to behaviours that lead to receiving certain rewards and stay away from those which do not give them any rewards or lead to hard consequences.
If someone has been promised a reward rather than a punishment they are likely to excel in that behaviour because they know their effort will be rewarded but if there is a punishment(negative incentive) in place for that behaviour they will most likely stay away from it.
