economics and incentives matter explain 1 chapter i the economics perspective: incentives matter economics is an analytical discipline and a practical science its aim is to provide a set of.
{"Image DocumentName": "7 Principles Of Economics", "Image ImageDescription": "Principle 3: Thinking at the Margin. Margin- border or outer edge of something most decisions we make each day involve choices about a little less or a little more of something Marginal Cost- what you give up to add one unit to an activity. Marginal Benefit- what you gain by adding one more unit. Principle 4: Incentives Matter. Incentives- something that motivates a person to take a particular course of action. Principle 5: Trade makes people better off.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}