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Q:
A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. | B) changes in personal costs and benefits generally fail to exert much impact on behavior. |
C) if a good is provided by the government, its production will not consume valuable scarce resources. | D) if one individual gains from an economic activity, then someone else must lose and in the same proportion. |
Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.
Explanation:
Explanation: