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Author Question: When scarce resources can serve only one user at a time in sequence, which method works well for ... (Read 35 times)

student77

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on: Jun 29, 2018
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.


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JCABRERA33

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


student77

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

lindahyatt42

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Reply 3 on: Yesterday
Excellent

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