One Way to Allocate the Scarce Good Created from an Effective

question 25

Multiple Choice

One way to allocate the scarce good created from an effective price ceiling is to:

• A) offer it on a first-come, first-served basis.
• B) ration a certain quantity per household.
• C) give them to the friends and family of the producers.
• D) All of these are examples of allocating using non-price methods.