This topic contains a solution. Click here to go to the answer

Author Question: When scarce resources can serve only one user at a time in sequence, which method works well for ... (Read 85 times)

student77

  • Hero Member
  • *****
  • Posts: 567
When scarce resources can serve only one user at a time in sequence, which method works well for allocating the scarce resources?
 
  A) first come, first served
  B) lottery
  C) contest
  D) command system

Question 2

When allocating resources using market price
 
  A) everyone who is willing and able to pay for a good gets one.
  B) everyone who wants a good gets one.
  C) everyone who is willing to pay for a good gets one.
  D) everyone who is able to pay for a good gets one.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JCABRERA33

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

A

Answer to Question 2

A




student77

  • Member
  • Posts: 567
Reply 2 on: Jun 29, 2018
Wow, this really help


Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library