Why Is an Auction,or Even a Random Lottery,considered Better Than

question 166

Multiple Choice

Why is an auction,or even a random lottery,considered better than the Henrico County scheme used to sell Apple laptops for $50?

• A) Because it results in each laptop being sold at the equilibrium price.
• B) Because it avoids costs associated with waiting and injuries from a stampede.
• C) Because it avoids Henrico County government's control of the market.
• D) Because it will lower the price of laptops other than the 1,000 units offered by the government of Henrico County.

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Definitions:

Disability

A condition affecting the body or mind that restricts an individual's ability to move, sense, or engage in certain tasks.

Handicap

a condition that markedly restricts an individual's ability to function physically, mentally, or socially.

RTI

Response to Intervention, an educational strategy focused on early detection and support for students with learning and behavior needs.

IDEA and ESSA

U.S. laws that ensure educational rights and protections; IDEA focuses on students with disabilities, while ESSA sets standards for all students to achieve academic success.