Rationing may occur under what situation? A) Total supplier's finished goods Total demand C) There is no relationship between rationing, supplier's finished goods, and total demand. D) Cannot be determined from the information given

Question

Rationing may occur under what situation?
A) Total supplier's finished goods < Total demand
B) Total supplier's finished goods > Total demand
C) There is no relationship between rationing, supplier's finished goods, and total demand.
D) Cannot be determined from the information given

Quizplus · Accepted Answer

Rationing occurs when demand for a product exceeds the available supply. In this case, if the total supplier's finished goods are less than the total demand, rationing may occur to distribute the available supply among consumers.

Rationing May Occur Under What Situation