All of the Following Are Methods of Rationing Goods EXCEPT

question 8

Multiple Choice

All of the following are methods of rationing goods EXCEPT

• A) political power.
• B) the profit motive.
• C) first come, first served.
• D) prices.

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Definitions:

Cars

Motor vehicles with four wheels designed for transporting people on roads, ranging from compact models to larger family-sized versions.

Opportunity Costs

The financial sacrifice made by not selecting the alternative that ranks immediately lower when faced with a decision.

Cars

Wheeled motor vehicles used for transportation, typically powered by an internal combustion engine or electric motors.

Computers

Electronic devices capable of processing, storing, and displaying information, used for a wide range of applications from personal computing to complex scientific calculations.