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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
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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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Asked 9/18/2012 7:12:53 AM
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A baker calculates that by spending $16 on labor and materials, she can bake 10 cakes a day. $24 will allow her to bake 12 cakes, while $36 spent on labor and materials produces 14 cakes. In terms of capital and labor, the baker has a. increasing marginal returns. c. decreasing marginal returns. b. constant marginal returns. d. negative marginal returns. Please select the best answer from the choices provided
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Asked 9/21/2012 6:22:51 AM
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Production costs are determined not only by the prices of inputs, but also by _______. a. intangibles c. competition b. technology d. consumer needs Please select the best answer from the choices provided
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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. Allowing the telephone and communications companies to become privatized. Please select the best answer from the choices provided (More)
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Asked 9/21/2012 7:57:58 AM
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