a reward or punishment that encourages people to behave in a certain way is called a(n)\nwant.\nprice…
a reward or punishment that encourages people to behave in a certain way is called a(n)\nwant.\nprice ceiling.\nequilibrium price.\nincentive.
Answer
Brief Explanations:
An incentive is a reward or punishment that motivates people to act in a particular way. A want is a desire for a good or service. A price - ceiling is a legal maximum price. An equilibrium price is the price at which quantity demanded equals quantity supplied.
Answer:
D. incentive