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What is an incentive?

a; a way to minimize the use of resources on a particular want

b; a gesture or a reward to increase productivity or motivation

c; a punishment or penalty for overusing or misusing a resource

d; a freely available resource that fulfills an unlimited want

Verified Answer :

I believe the correct answer from the choices listed above is option B. An incentive is defined asĀ a gesture or a reward to increase productivity or motivation. Hope this answers the question. Have a nice day. Feel free to ask more questions.

An incentive is a gesture or a reward to increase productivity or motivation.

Option B is correct.

Incentive can be defined as a motivator used in order to encourages someone to do something. Traditional incentives are extrinsic motivators which reward actions to yield a desired outcome. The effectiveness of traditional incentives has changed due to the fact that the needs of Western society have evolved. For instance, a monetary bonus can be considered an incentive.