Question

Which of these describes an economic incentive for entrepreneurs?

Answer 1

C.) motivates producers or consumers to take action.

Step-by-step explanation:

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, reward, or compensation 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.

Answer 2

An entrepreneur does not have to share any profits with an employer would be an example of the Economic incentive.
In general, many corporations set up a regulation for its employees who want to open up a business, in which that they're allowed to do it under their employmment as long as they share a percentage of the profit for the company. If this regulations are gone, the entrepreneur would obtain more profit.