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  • 23-09-2021
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What is the cost or benefit that motivates an economic decision?

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sam2020chocolate
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  • 23-09-2021

Answer:(THE MAIN ANSWER!!!)

The term that refers to the cost that stimulates or inspires an economic decision is called INCENTIVE. Most of the type, incentives come in a form of payment or cash in the economic perspective. This gives an individual more reason to strive harder to become better in every action or task he performs.

Explanation:(JUST FOR UNDERSTANDING!!!)

INCENTIVE MEANING?=

A thing that motivates or encourages one to do something

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