Rationing when goods have suddenly become more scarce, by asking people to make sacrifices voluntarily for the sake of others, discriminates against people who are
A) considerate.
B) poor.
C) unethical.
D) unwilling to sacrifice.
E) wealthy.
Question 2
You went to a craft show and paid an exorbitant price for an embroidered shawl that the seller said was hand-embroidered and had been imported from India.
Several months later, you find a similar shawl in another showroom at a much lower price and found out that the one you bought was not an imported one. This is an example of ________ in the market for embroidered shawls. A) asymmetric information
B) positive externalities
C) negative externalities
D) the free-rider problem
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