Which of the following is TRUE?
A) Lotteries work best when a resource can serve just one user at a time in a sequence.
B) A market price always allocates resources better than a command system.
C) In the United States, how tax dollars are allocated among competing uses is an example of how resources are allocated by majority rule.
D) Force has never played an important role in allocating scarce resources.
Correct Answer:
Verified
Q2: As a method of resource allocation, force
A)
Q3: In the United States, resources are most
Q4: A contest is a good way to
Q5: Alvin Roth of Harvard won the 2012
Q6: When allocating resources using market price
A) everyone
Q8: Which of the following is TRUE?
A) When
Q9: When scarce resources can serve only one
Q10: Which of the following is TRUE?
A) When
Q11: If a person will rent an apartment
Q12: The value of one more unit of
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