The resource allocation method that is used to allocate scarce resources between private use and government use is
A) lottery.
B) majority rule.
C) first- come, first- served.
D) personal characteristics.

Question

Quizplus · Accepted Answer

Majority rule is often used to decide on the allocation of scarce resources between private use and government use, as it reflects the preferences of the majority of the population through democratic processes.

The Resource Allocation Method That Is Used to Allocate Scarce