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    Microeconomics Study Set 51
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    Exam 4: Prices: Free, Controlled, and Relative
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    If Goods Are Not Rationed According to Price, If Follows
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If Goods Are Not Rationed According to Price, If Follows

Question 47

Question 47

Multiple Choice

If goods are not rationed according to price, if follows that


A) they won't get rationed at all.
B) some non-price rationing device will be used to ration the goods.
C) first-come-first-served will necessarily be the rationing device used in the market.
D) there will be surpluses in the market.

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