All of the Following Are Examples of Nonprice Rationing Devices

question 145

Multiple Choice

All of the following are examples of nonprice rationing devices EXCEPT

• A) price controls.
• B) queues.
• C) black markets.
• D) waiting lists.

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Definitions:

\(k + 8\)

An algebraic expression representing the sum of a variable, \(k\), and the number 8.

\(d = \frac { 3 } { 7 }\)

Represents a specific value of the variable d, which is equal to the fraction three-sevenths.

\(d = 4\)

An equation representing that the value of the variable \(d\) is equal to 4.