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What is an allocation of scarce resources using some method other than price? a. Rationing c. Spillover Costs b. Supply Shock d. Price Ceiling Please select the best answer from the
choices provided
a. Rationing. Rationing function of price makes for an efficient allocation of resources.
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User: a system of allocating scarce goods and services using some criteria other than price

User: What is an allocation of scarce resources using some method other than price? a. Rationing c. Spillover Costs b. Supply Shock d. Price Ceiling Please select the best answer from the choices provided

Weegy: a. Rationing. Rationing function of price makes for an efficient allocation of resources.
Expert answered|migzptz|Points 6679|

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Asked 9/25/2012 9:46:38 AM
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The North Korean government owns all property and all economic output. Almost all imports are banned, and production of goods and services by foreign companies is forbidden. This would be an example of a free enterprise economy. true or false?
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Weegy: The answer to your question is C. If she could bake 10 cakes for $16 you would expect her to bake double the amount for double the price. However, she can only bake 14 cakes for 4 extra dollars. [ You can see the definition of decreasing marginal returns (also known as diminishing returns) here: ] User: An entrepreneur knits sweaters for sale. The entrepreneur has fixed costs of $100. When he makes 10 sweaters in one month, he must ... (More)
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Weegy: {b. technology} Production costs are determined not only by the prices of inputs, but also by technology. (More)
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Asked 9/21/2012 6:31:33 AM
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The number of suppliers that enter and leave the market has no effect on the amount of goods or services supplied. Please select the best answer from the choices provided true
Weegy: Could you please provide a question in order to better assist you? Thank you. User: Which example best demonstrates the practice of the U.S. government providing subsidies to American industry? a. Offering a decrease in the excise tax for automakers who produce environmentally friendly cars. b. Deregulating the utilities and power companies. c. Encouraging farmers to switch to organic methods by supplying financial support. d. ... (More)
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