In an economic market system, where there is competition, the supply and demand of a good or service determines the price and vice versa. Thus, in situations where the price increases, the quantity offered tends to increase, because the offerers have a higher profit perspective. On the other hand, demand tends to decrease, as consumers perceive the price increase and decrease the demanded quantity. Conversely, in situations where the price goes down, consumers have a spur to buy more, but the bidders tend to shrink the amount offered because their prospects for profit diminish. If market mechanisms prevail, the economy tends to find an equilibrium price at which the supply and demand for paraffins will be equal.
We think that Homer's epics played an important role in the culture of classical Greeks because people memorized parts of his poems in school, and they quoted him in everyday language.
Answer: Option A
<u>Explanation:</u>
Homer is regarded as one of the greatest authors that have been in the world at some points in time. His epics Odyssey and Iliad are world-famous works of contemporary literature and are believed to be the most essential part of the cultural development of Greece and the surrounding region.
The answer is A. The land there was fertile and good for growing cotton.
I just took this test.
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.
