Which of the following carries out the distribution process by rationing goods on the basis of preferences and relative incomes?
A) Administered system
B) Government
C) Price system
D) Central planning
Correct Answer:
Verified
Q185: When the price of the product falls
A)consumer's
Q186: The technique that addresses the problem of
Q187: Input-output analysis is rarely used because
A)it requires
Q188: When an economy is operating with maximum
Q189: When the price of a good is
Q191: An economy is judged efficient if
A)it is
Q192: Prices
A)solve the problem of distribution of products
Q193: Which of the following industries relies heavily
Q194: The assignment of inputs to specific industries
Q195: There are only two people in the
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