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What Is Meant by Rationing

Question 23

Multiple Choice

What is meant by rationing?


A) A method of product allocation in which producers decide which customers obtain a product.
B) A method of product allocation in which customers receive quantities according to the amounts which they are prepared to pay.
C) A method of product allocation in which the government buys all of a product and directly distributes it to the public.
D) A method of product allocation by the issuance of coupons by the government guaranteeing a certain quantity per family.

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