price incentive

What Incentive Do High Prices Offer Producers?

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What Incentive Do High Prices Offer Producers? High prices are signals to producers to produce more and buyers to buy less. Low prices are signals for producers to produce less and for buyers to buy more. What is the incentive for producers? An incentive is something that motivates a producer or consumer to follow a

What Is The Incentive For Producers?

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What Is The Incentive For Producers? An incentive is something that motivates a producer or consumer to follow a course of action or to change behaviour. Higher prices provide an incentive to existing producers to supply more because they provide the possibility or more revenue and increased profits. What are the 3 incentives? In the