Colorado State University allocates 10,000 tickets for each home game to students at no cost. Students are required to stand in line and prove they are a full time student to receive a free ticket. How is the scarce resource in this example allocated?
A) first-come, first-served
B) market price
C) contest
D) lottery

Question

Quizplus · Accepted Answer

The scarce resource, which is the free tickets, is allocated on a first-come, first-served basis as students must stand in line to receive them.

Colorado State University Allocates 10,000 Tickets for Each Home Game