When a scarce resource is allocated to someone who is the winner,the method of resource allocation is
A)a lottery.
B)a contest.
C)first-come, first-served.
D)force.
E)personal characteristics.

Question

Quizplus · Accepted Answer

A contest involves a competition to determine the winner based on certain criteria or performance. This is a fairer method of resource allocation as it rewards merit and effort, rather than simply luck or personal characteristics. Lotteries and first-come, first-served methods do not necessarily result in the most deserving individual receiving the resource, while using force is not an ethical or legal method of allocation.

When a Scarce Resource Is Allocated to Someone Who Is