1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mojhsa [17]
3 years ago
9

At Ultrinsic.com, students pay a small entry fee to compete in grades-based contests for cash prizes. Suppose that 15 students f

rom your economics class each pay $70 to enter a grades-based contest. This would create a $1050 prize pool. An equal share of the $1050 pot is awarded at the end of the term to each contestant who earns an A in the course. If four students earn A’s, each receives $262. If only one student earns an A, that person gets the entire $1050 pot. What economic concept does Ultrinsic.com use to encourage participants to learn more and get better grades? A. incentives B. trade creates value C. trade-offs D. opportunity costs E. marginal thinking
Business
1 answer:
vekshin13 years ago
8 0

Answer:

A. incentives

Explanation:

An incentive is a motivator to do something. Traditionally incentive is extrinsic, that is there is a reward given when an achievement is made. This is the rational for bonuses on the job. Where an employee is compensated for achieving a milestone at work.

Ultrinsic.com is using incentive of a cash reward for those that get As as a motivator for the students. Students pay an entry fee of $70 and if one student gets an A he will get the whole pool of funds. If more than one person gets an A they will share the money in the pool.

More students will be motivated to get As.

You might be interested in
An information system that provides relevant data to help businesspeople choose the appropriate course of action is called a(n _
castortr0y [4]
The answer is:  "Decision support system (DSS)" .
________________________________________________
8 0
3 years ago
Which of the following is not an example of a digital transaction?
gladu [14]
Pretty sure it’s B since Marcos is using cash
6 0
3 years ago
(h) if you had $5,000 to start this company, which department would get the most funding? which department would get the least f
tatyana61 [14]
<span>If I were to start a business, the most money would be spent on hiring the right people for the job. The least money would be spent on advertising right off the bat because you need the vision of your newly-hired creatives to create the right advertising campaign for your business.</span>
4 0
3 years ago
State and local crime rates are affected by citizens with gambling addictions.
ahrayia [7]
True
Hope this helps
4 0
3 years ago
Read 2 more answers
It is characteristic of – goods that they are not used up in the short run. A society can choose to – some quality of life now—f
LenaWriter [7]

Answer:

It is characteristic of CAPITAL goods that they are not used up in the short run. A society can choose to SACRIFICE some quality of life now BY PURCHASING fewer consumer goods ANS SAVING MONEY in order to build up its stock of capital goods. This will lead to a HIGHER QUALITY OF LIFE and more consumer goods PURCHASED AND CONSUMED later on.

Explanation:

A consumer can choose between saving and spending money, that is measured by the marginal propensity to consume or the marginal propensity to save. Money that is spent now, will provide a certain satisfaction in the present, but nothing in the future. Money saved will not provide a certain satisfaction in the present, but should provide much more satisfaction in the future since it should grow as time passes.

8 0
3 years ago
Other questions:
  • A company, Blue Marbles, who has a presence on Interwebs has become actively involved in political campaigns and uses their prof
    7·1 answer
  • The Sherman Antitrust Act Group of answer choices was passed to encourage judicial leniency in the review of cooperative agreeme
    11·1 answer
  • _____ optimists point out how the internet vastly expands the range of political commentary.
    8·1 answer
  • A company reported the following in its recent balance sheet:
    13·1 answer
  • Diaz Company issued $180,000 face value of bonds on January 1, 2018. The bonds had a 7 percent stated rate of interest and a fiv
    12·1 answer
  • "The next dividend payment by Savitz, Inc., will be $1.60 per share. The dividends are anticipated to maintain a growth rate of
    6·1 answer
  • Statement of Cost of Goods Manufactured and Income Statement
    11·1 answer
  • Match the item with the section of the marketing plan it belongs in. To match the items, click the item, and then click the sect
    9·2 answers
  • ___________________ includes the process, content, and outcome of refreshment or replacement of attributes that have the potenti
    6·1 answer
  • A bond issue on June 1, 2016, has interest payment dates of April 1 and October 1. Bond interest expense for the year ended Dece
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!