The Marketplace Allocates Resources

question 106

Multiple Choice

The marketplace allocates resources

• A)fairly.
• B)efficiently.
• C)to those desiring them least.
• D)both efficiently and equitably.

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Definitions:

Career Information

Data and insights about various professions, including job duties, educational requirements, salary ranges, and employment trends, which aid in career planning and decision-making.

O*Net

Stands for the Occupational Information Network, a free online database that provides detailed descriptions of the world of work for use by job seekers, workforce development, and HR professionals.

Average Incomes

The mean earnings of individuals or groups, calculated by dividing the total income of the group by the number of individuals.

Abilities and Interests

Characteristics and personal preferences that influence an individual's choice in career, hobbies, and activities.