Economics Question, Please Help?

L

lolaizzy123

New member
If someone could help me I would really appreciate it.

Question:

Florida schools offered cash bonuses to students who scored high on the state's standardized exams. The cash bonuses are an example of which of the following basic economic principles?

a.) Resources are scarce

b.) The real cost of something is what you must give up to get it

c.) There are gains from trade

d.) People usually take advantage of opportunities to make themselves better off.

Thank you so much in advance.
 
D
The idea is that by showing students that scoring high will make them better off (cash bonuses) the students will be motivated to score high because they want to take advantage of the opportunity to make themselves better off.
Unfortunatly your professor could be an idiot dips$#@ and try to argue that b is the correct answer but it isn't because, among other things, it doesn't discuss Florida schools getting anything tangible as a result of giving the cash bonuses. (
 
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