Multiple Choice
The rationing mechanism in market economies is the adjustment of
A) supply.
B) demand.
C) quantity.
D) price.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q43: Refer to the information provided in Figure
Q44: Refer to the information provided in Figure
Q45: The government imposes a price ceiling on
Q46: The total of consumer plus producer surplus
Q47: An effective price ceiling will be set
Q49: Consumer surplus is<br>A) the difference between the
Q50: Refer to the information provided in Figure
Q51: The price system<br>A) automatically distributes scarce goods.<br>B)
Q52: Refer to the information provided in Figure
Q53: A price ceiling is<br>A) a minimum price