Multiple Choice
In situations in which prices cannot be used to signal relative scarcities of goods, which of the following can serve as a rationing mechanism?
A) queuing
B) political power
C) random assignment
D) all of the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q330: Suppose that initially a market is in
Q331: If the demand for a product falls
Q332: Which of the following is NOT a
Q333: List prices on new cars do NOT
Q334: Suppose you observe that the price of
Q336: In a freely operating market system, queuing
Q337: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q338: An increase in the equilibrium quantity of
Q339: The difference between the total amount that
Q340: Agriculture price supports that establish a price