Question
Which principle states that people respond to
incentives?Solution
The principle of rational decision-making assumes individuals weigh costs vs. benefits. When incentives change (rewards or penalties), people adjust their behavior accordingly.
The radius of a circular garden is 42 m. The distance (in m) covered by running 8 rounds around it, is: (Take )
A boat can travel 30 km downstream in 45 min. The ratio of the speed of the boat in still water to the speed of the stream is 5: 3. How much time will t...
A boy goes to school at 6 km/Hr and return at a speed of 5 km/hr. If he takes 11 hrs in all. Find the distance from his village to school?
B starts 4 minutes after A from the same point, for a place at a distance of 7 miles from the starting point. A on reaching the destination turns back a...
A car travels from A to B, a distance of 180 km. It covers the first 60 km at 40 km/h, the next 60 km at 60 km/h and the last 60 km at 90 km/h. Find the...
A train covers a distance of 77 km at the speed of 35 km/h the next 63 km distance covers with a speed of 42 km/h and last 24 km with the speed of 80 km...
Tanuj can make a toy in 6 hrs. 50 minutes and 26 seconds. How much time will he take to make 5 such toys?
A cyclist travels 30% of the total route at the speed of 8 km/hr in ...
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Aman takes 36 minutes more than Sudhanshu to cover 130 km. If Aman doubles his speed, he takes 42 minutes less than Sudhanshu to cover the same distance...
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