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

Question

Quizplus · Accepted Answer

Majority rule is often used in democratic societies to decide how to allocate resources between private and government use, as it reflects the preferences of the majority of voters.

The Resource Allocation Method That Is Used to Allocate Scarce