Which of the Following Is True

question 25

Multiple Choice

Which of the following is true?

• A) Force has never played an important role in allocating scarce resources.
• B) A market price always allocates resources better than a command system.
• C) When the government decides how to allocate tax dollars among competing uses, resources are allocated by majority rule.
• D) Lotteries work best when a resource can serve just one user at a time in a sequence.

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Definitions:

Opponent-process Theory

A model in psychology and neurology describing how color perception is governed by the functioning of antagonistic neural networks.

Red-green System

The red-green system refers to one of the color vision subsystems in the eye, responsible for detecting wavelengths of light associated with red and green colors, integral to human color vision.

Trichromatic Theory

A theory of color vision positing that the human eye has three types of receptors with different sensitivities to light wavelengths, corresponding to red, green, and blue colors.

Medium-wavelength Cones

Photoreceptor cells in the retina responsible for mediating color vision in moderate to bright light conditions, typically sensitive to wavelengths perceived as green.