Any System of Nonprice Rationing Could Be Inefficient Because _____

question 45

Multiple Choice

Any system of nonprice rationing could be inefficient because _____.

• A)consumers are benefited at the producer's expense
• B)it would be virtually impossible to determine consumer preferences
• C)buyers and sellers act in self-interest which leads to inefficiency
• D)marginal values do not vary across consumers

---

Definitions:

Dividend Yield

A fiscal ratio indicating the annual dividends a company dispenses in relation to its stock price.

Tax Effects

The impact of tax laws on the financial performance of a company or the net income of an individual, including deductions, exemptions, and liabilities.

Stock Splits

An initiative taken by a company to multiply its current shares into more shares to augment the ease of trading those shares.

Owner's Equity

Owner's equity represents the owner's claim on the assets of a business after all liabilities have been deducted, indicating the net value owned by the proprietor in the company.