When allocating resources using market price
A) everyone who is willing and able to pay for a good gets one.
B) everyone who wants a good gets one.
C) everyone who is willing to pay for a good gets one.
D) everyone who is able to pay for a good gets one.

Question

Quizplus · Accepted Answer

When allocating resources using market price, only those who are willing and able to pay for a good will get one. This is because the market price is the price at which a good is bought and sold, and only those who are willing to pay that price will be able to purchase the good.

When Allocating Resources Using Market Price