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Hitman42 [59]
3 years ago
14

How will consumers react to the incentive of a higher price on a good or service?

Business
2 answers:
Hitman42 [59]3 years ago
8 0

The negative incentive will cause consumers to purchase less of the good or service IF IT IS LOWER QUALITY

boyakko [2]3 years ago
4 0
The negative incentive will cause consumers to purchase less of the good or service
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Expropriation is the seizure of private property by a government entity or government agency for the purpose of public interest. Usually owners that lose property due to expropriations, receive some type of compensation for their loss. It also can refer to private property being taken away by another private entity with the authorization of a government entity or agency. A common example of expropriation is land being taken away for building roads or dams.

In this case the Quality Dragon plant was expropriated by a private entity who was authorized by the government and the owner was received a monetary compensation for his loss.

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