Which of the Following Statements About Resource Allocation Is Correct

question 102

Multiple Choice

Which of the following statements about resource allocation is correct?

• A)Within a firm, resources are allocated by prices; in the market, resources are allocated by the decisions of managers.
• B)Resources are allocated by prices both in the market and within the firm.
• C)Within a firm, resources are allocated by the decisions of managers; in the market, resources are allocated by prices.
• D)Resources are allocated by the decisions of managers both within the firm and in the market.
• E)In the market, resources are allocated either by prices or by the decisions of managers.

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Definitions:

NREM Sleep

Non-Rapid Eye Movement sleep, characterized by slower brain waves than during REM sleep, and comprising about 75-80% of an adult's total sleep time, important for memory consolidation.

REM Behavior Disorder

A sleep disorder characterized by the acting out of dreams that are vivid, intense, and sometimes violent, due to a lack of muscle paralysis during REM sleep.

Medial Hypothalamus

An area of the brain involved in regulating hunger, thirst, and the body's energy balance.

REM Sleep

A sleep phase characterized by rapid eye movements, where dreaming occurs and brain activity is similar to wakefulness, important for processing emotions and memories.