Author Question: As a method of resource allocation, market price A) means those who are willing and able to pay ... (Read 112 times)

maegan_martin · **on:** Jun 29, 2018

As a method of resource allocation, market price

A) means those who are willing and able to pay get a particular good or service.
B) works well when self-interest must be suppressed.
C) works best inside firms and government departments.
D) is efficient when there is no effective way to distinguish among potential users of a scarce resource.

Question 2

As a method of resource allocation, force

A) is not important.
B) plays a crucial negative role.
C) plays a crucial positive role.
D) plays a crucial role for both good and ill.