In a Market System, the Distribution of Goods and Services

question 155

Multiple Choice

In a market system, the distribution of goods and services among consumers is largely determined by

• A)the willingness and ability of consumers to pay the prices.
• B)whoever needs the goods and services the most.
• C)whoever has the closest connection to firms and the government.
• D)a random factor that is almost impossible to predict.

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Definitions:

Stressed Out

Feeling very anxious, tired, or unable to relax due to an excessive amount of pressure or demands.

Contract

A legally binding agreement between two or more parties, outlining obligations and rights concerning a specific transaction or relationship.

Consequences

The results or outcomes of actions, which can be positive or negative depending on the behavior or choices made.

Behavior Change

Modification of human actions or reactions through various techniques and practices for improvement or treatment purposes.