Rationing Goods on the Basis of Price Is a Direct

question 277

Multiple Choice

Rationing goods on the basis of price is a direct result of

• A) scarcity.
• B) queuing.
• C) government intervention.
• D) the profit motive.

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Definitions:

Physical Abuse

Harm or injury inflicted on a person's body through forceful or violent actions by another.

Occurrence Policy

An insurance policy covering claims made for incidents that occur during the policy period, regardless of when the claim is filed.

Double Limit Coverage

Insurance coverage that allows for doubling the normal limit of coverage for certain events under specific conditions.

Slander

The act of making false and damaging statements about someone to a third party, damaging their reputation.