Parents offer to buy their son a new videogame if the kid gets an A in all his classes. Which economic principle are the parents trying to apply? Group of answer choices People respond to incentives Trade can make everyone better off The real cost of something is what you give up to get it People face trade-offs

Parents offer to buy their son a new videogame if the kid gets an A in all his classes. Which economic principle are the parents trying to apply? Group of answer choices People respond to incentives Trade can make everyone better off The real cost of something is what you give up to get it People face trade-offs

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter2: Economics: Eight Powerful Ideas

Section: Chapter Questions

Problem 11P

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