Asked by
Lydia Clogger
on Dec 12, 2024Verified
If a college enforces a new policy where anyone caught cheating is immediately expelled, the basic postulate of economics suggests that
A) cheating will be completely eliminated.
B) fewer students will attempt to cheat.
C) the amount of cheating will be unaffected.
D) any of the above is possible because student behavior is unpredictable.
Basic Postulate
A fundamental assumption or principle that serves as the foundation for a theory, argument, or system of belief.
Economic Policy
A course of action or a set of decisions made by a government or central authority that aims to influence or control the behavior of the economy.
Cheating
Dishonest behavior intended to gain an unfair advantage, typically in the context of academic or sports activities.
- Comprehend the influence of incentives on the conduct of individuals and groups.
- Comprehend the core proposition in economics that incentives play a crucial role.
Verified Answer
JC
Learning Objectives
- Comprehend the influence of incentives on the conduct of individuals and groups.
- Comprehend the core proposition in economics that incentives play a crucial role.