The Rationing Function of Prices Refers to the Fact That

question 25

True/False

The rationing function of prices refers to the fact that government must distribute any surplus goods
that may be left in a competitive market.

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Definitions:

Social Orientation

An individual's or group's preferences, attitudes, or behaviors towards social interactions and community involvement.

Financial Support

Financial support refers to the funding provided to help support an individual, organization, or project's operational or project costs.

Nonprofit Organizations

Entities that operate for the public or social benefit, without the goal of making profits for owners or shareholders.

Word-of-mouth

The informal exchange of advice, opinions, or recommendations among friends, family, or others within a community.