Solved

Any System of Nonprice Rationing Could Be Inefficient Because _____

Question 65

Multiple Choice

Any system of nonprice rationing could be inefficient because _____.


A) consumers are benefited at the producer's expense
B) it would be virtually impossible to determine consumer preferences
C) buyers and sellers act in self-interest which leads to inefficiency
D) marginal values do not vary across consumers

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