Prices Provide the Rationing Function Best When

question 160

Multiple Choice

Prices provide the rationing function best when

• A)prices are flexible.
• B)prices are inflexible.
• C)they are used in conjunction with queuing.
• D)price controls are in place and ration coupons are used too.

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Definitions:

Host-Country Nationals

Employees who are citizens of the country where a multinational company's branch or subsidiary is located.

Legal Requirements

Legal requirements are obligations that individuals, organizations, or businesses must comply with according to laws and regulations.

Parent-Country Lawyers

Attorneys who are from and licensed to practice in the country where the corporation's headquarters are located, often involved in international legal affairs.

Masculine Cultures

Societies that value competitiveness, assertiveness, material success, and achievements more strongly compared to relationships and quality of life.