Multiple Choice
Sunscreen factories are required to limit production to 100 bottles a day,which is less than the efficient quantity.The 100 bottles could be allocated to beachgoers by ________,which is ________ by the fair rules idea of fairness and ________ by the fair results idea of fairness.
A) first-come first-served;fair;unfair
B) personal characteristics;fair;fair
C) force;unfair;fair
D) majority rule;fair;fair
E) first-come first-served;fair;fair
Correct Answer:
Verified
Correct Answer:
Verified
Q64: At West,a restaurant in Vancouver,reservations are essential.At
Q65: Lotteries work best<br>A)under any circumstances.<br>B)under the first-come,first
Q66: A monopoly leads to<br>A)overproduction.<br>B)underproduction.<br>C)efficient production.<br>D)maximization of consumer
Q67: At the Stratford Festival Theatre no reservations
Q68: An external cost<br>A)is a marginal benefit.<br>B)results in
Q70: The first-come,first-served method of resource allocation allocates
Q71: The two big approaches to thinking about
Q72: Suppose that the Hot Dog House can
Q73: A contest allocates resources to<br>A)a winner or
Q74: At current output,the marginal social benefit from