Solved

Which of the Following Is TRUE

Question 10

Multiple Choice

Which of the following is TRUE?


A) When a market price allocates resources, all people who are willing and able to pay that price get the resource.
B) A command system works well when the range of activities to be monitored is large and complex.
C) When the government decides how to allocate tax dollars among competing uses, resources are allocated by market prices.
D) When a manager offers everyone in the company the opportunity to win a prize, resources are allocated by a lottery.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents