Under a Pure Price System, the Decision of Resource Allocation

question 332

Multiple Choice

Under a pure price system, the decision of resource allocation is made by

• A) the head of the government.
• B) those who have the right to vote in government elections.
• C) individuals who own the resources.
• D) no one.

---

Definitions:

Ortony

Andrew Ortony is a cognitive scientist known for his work in the areas of emotions and cognitive psychology.

Schemata

Cognitive structures that represent organized knowledge about a given concept or type of stimulus, based on past experience.

Brooks

Refers to the work of psychologist Allan Brooks, known for contributions in cognitive psychology, especially in visual and spatial memory.

Exemplars

Specific instances or examples within a category that are used in cognitive psychology to theorize how people categorize items and ideas.