Which of the Following Situations Describing a Resource Allocation Method

question 239

Multiple Choice

Which of the following situations describing a resource allocation method most resembles the market price method?

• A) Food from the Weld County Food Bank is distributed to families in need.
• B) Lattes are sold at Starbucks.
• C) Jose works at Intel. His manager tells him what work needs to be completed each month.
• D) Matt's mother had the rule that whoever cuts the cake chooses their slice last.
• E) Seventy percent of Austin's chess club wanted to purchase new chess sets and thirty percent did not. The club purchased the sets.

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Definitions:

Reciprocal Obligations

Mutual duties or responsibilities that parties owe to each other.

Harmony

A state of agreement, concord, or peaceful relations among individuals or groups.

Roles

The functions or positions that individuals are expected to perform in a specific context or system.

Face

In social psychology, it refers to an individual's sense of prestige, dignity, or social standing in the eyes of others.