If Goods Are Not Rationed According to Price, If Follows

question 47

Multiple Choice

If goods are not rationed according to price, if follows that

• A)they won't get rationed at all.
• B)some non-price rationing device will be used to ration the goods.
• C)first-come-first-served will necessarily be the rationing device used in the market.
• D)there will be surpluses in the market.

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