Which of the Following Are Ways to Ration Goods and Services

question 387

Multiple Choice

Which of the following are ways to ration goods and services?

• A) price
• B) physical force
• C) political power
• D) All of the above are correct.

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Definitions:

Cash Register

An electronic or mechanical device used in retail environments to calculate and record sales transactions, and to store cash.

Stock Management

The process of ordering, storing, tracking, and controlling inventory to ensure that a company has the right amount of goods on hand to meet customer demand.

Drugstore Assistant

An individual working in a pharmacy who helps in the dispensing of medication and provides customer service under the supervision of a pharmacist.

Social Information-processing Model

A theory that suggests individuals understand and respond to social situations based on their interpretation of social information.