If goods are not rationed according to price,if follows that

Question

Quizplus · Accepted Answer

If goods are not rationed according to price, it means that a price mechanism is not being used to allocate the goods. However, some other mechanism will be needed to distribute the goods, such as first-come-first-served or some other form of rationing. Therefore, option B is the best choice. Option A is incorrect as it assumes that the goods will not be rationed at all, which is unlikely. Option C is incorrect as first-come-first-served is only one possible method of rationing. Option D is also not necessarily true, as there may be shortages instead of surpluses if a price mechanism is not used to allocate goods efficiently.

If Goods Are Not Rationed According to Price,if Follows That