When a Market Price Allocates a Scarce Resource

Multiple Choice

When a market price allocates a scarce resource,

A) everyone in the economy can use the resource.
B) the richest people get the resource.
C) willingness-to-pay is not an issue.
D) ability to pay for the resource is less important than willingness-to-pay.
E) only those who are willing and able to pay get the resource.