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:

Spermatogenesis

The process by which a sperm develops from a spermatid.

Seminiferous Tubules

Narrow, coiled tubules within the testes where sperm are produced.

Cremaster

A muscle that raises and lowers the testes in response to temperature changes and sexual arousal, helping regulate testicular temperature.

Dartos

is a layer of smooth muscle in the scrotum that contracts in response to cold, wrinkling the scrotal skin and helping to regulate the temperature of the testes.