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Describe what is meant by incentives

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Describe what is meant by incentives. How do people typically respond to incentives? Provide a realistic example. Suppose you see a job advertisement in a local newspaper offering employment to individuals who want to humanely capture rabid raccoons in Central Park. The offer states that hourly compensation is $95.77. Why would this job offer such a high wage? How is this scenario related to our topic of incentives?

Reference no: EM133131696

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