Question: Hi, can you please help me with this question? Which of the following statements is correct? a. You are currently unemployed but are being interviewed

Hi, can you please help me with this question?

Which of the following statements is correct?

a.

You are currently unemployed but are being interviewed for a job. Your reservation option is the probability that you will be hired for the position.

b.

You are investigating the effect of a rise in petrol price on the use of bicycles to travel to work. Ceteris paribus means that you should hold the number of commutes to work by car constant.

c.

If you are paid a salary that depends on your output, then you may be tempted to put in less effort. This is an example of an economic incentive.

d.

You are hungry and are choosing between two meals to purchase. Given that both meals are affordable and equally enjoyable to you, the main factor that affects your choice is the relative price of each meal.

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