An economic incentive is best described as something that

benefits producers or consumers when taking action.
pushes producers or consumers to act on the government's behalf.
motivates producers or consumers to take action.
forces producers or consumers to act in a certain way.

Respuesta :

Answer:

C. Motivates producers or consumers to take action.

Explanation:

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An economic incentive is best described as something that: C. motivates producers or consumers to take action.

An economic incentive can be defined as a financial motivation, rewards, or compensations that are given to either the employees working in an organization, business firms (producers), agriculturalists (farmers), or consumers, in order to motivate them to do more or take certain steps (actions) and give their best.

Some examples of an economic incentive include the following:

  • Profit-sharing plans
  • Signing bonus
  • Stock options
  • Bonuses
  • Commissions
  • Raises

In conclusion, an economic incentive is something that motivates producers or consumers to do more or take certain steps (actions).

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