Criteria for Rationing Goods and Resources Must Be Established Because

question 178

Multiple Choice

Criteria for rationing goods and resources must be established because of

• A) the law of comparative advantage.
• B) the use of capitalism as a form of economic organization.
• C) the inability of politicians to develop efficient forms of economic organization.
• D) scarcity imposed by nature.

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Definitions:

Full Scale

Represents the complete, actual size or extent of an object, without any reduction or enlargement.

Scale

An instrument for measuring weight or proportionally representing the size of real-world objects in a different, usually smaller, size in drawings.

Part Weight

The mass or heaviness of a manufactured piece or component, often an important consideration in design and logistics.