
Even in the United States, not all allocation is carried out in a market because, in some cases,
A) people want more of the product.
B) people want less of the product.
C) the market outcome is not always efficient.
D) people support the market outcome.
E) people disagree with a random allocation.
Correct Answer:
Verified
Q1: What incentives are created under a random
Q2: The efficiency of an economic system is
Q3: Why is the market system not universally
Q4: When economists say that people are self-interested,
Q5: In the long run, under which allocation
Q7: Which of the following is not an
Q8: Which of the following mechanisms is unfair?
A)
Q9: _ is an example of an allocation
Q10: What incentives are created under a government
Q11: Even in the United States, not all
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