What Method of Resource Allocation Depends on Willingness-To-Pay and Ability-To-Pay

question 39

Multiple Choice

What method of resource allocation depends on willingness-to-pay and ability-to-pay?

• A)command
• B)lottery
• C)market price
• D)first-come,first-served
• E)force

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A measure of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.

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