Skip to main content
Microeconomics
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
Back
People Respond to Incentives
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
People Respond to Incentives
Download worksheet
Practice
Summary
Previous
9 of 10
Next
0. Basic Principles of Economics / People Respond to Incentives / Problem 9
Problem 9
How can a business use loyalty programs as an economic incentive?
A
By limiting the availability of their products.
B
By increasing the prices of their products.
C
By encouraging repeat purchases through rewards and discounts.
D
By reducing the quality of their products.
AI tutor
0
Show Answer