A contest allocates resources to
A)a winner or a group of winners.
B)an athlete.
C)a gambler.
D)the government.
E)private firms.

Question

Quizplus · Accepted Answer

A contest typically involves participants competing to win a prize or reward, which involves the allocation of resources to the winner or group of winners. Athletes may participate in contests or competitions, but this is not exclusive to their allocation of resources. Gambling involves risk-taking and chance, rather than competition, and the allocation of resources is typically determined by luck or probability. The government and private firms may allocate resources, but this is typically through means other than contests.

A Contest Allocates Resources to