Question

How would a sudden increase in the price of canned soup affect people’s behavior?
(1 point)
Responses

People would buy less soup.
People would buy less soup.

People would buy more soup.
People would buy more soup.

People would value the soup they eat more.
People would value the soup they eat more.

People would find emotional incentives to buy soup.

Answer 1

People would buy less soup.

Answer 2

Which incentive is non-monetary?
(1 point)
Responses

flexible work hours
flexible work hours

buying a suit on sale
buying a suit on sale

getting cash-back rewards for making purchases with a credit card
getting cash-back rewards for making purchases with a credit card

being paid a bonus for dressing well at work

Answer 3

Flexible work hours.