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A system of allocating scarce goods and services using criteria other than price is _____.
because its hard to get when there is a war because they need to use the recorsise ****************************************************** During war-time rationing, any goods bought on the black market could be sold at a higher price. Otherwise, you could not get the goods by using your ration book, and had to do without.
rationing
A barter system, where people trade their goods and services for other goods or services as opposed to trading goods and services for money.
Barter
A system of allocating scarce goods and services using criteria other than price is _____.
because its hard to get when there is a war because they need to use the recorsise ****************************************************** During war-time rationing, any goods bought on the black market could be sold at a higher price. Otherwise, you could not get the goods by using your ration book, and had to do without.
The three problems of allocating goods and services using the non-price related methods is that it may lead to the exploitation of the customers, price fixing and may lead to huge loses.
Bartering
rationing
A barter system, where people trade their goods and services for other goods or services as opposed to trading goods and services for money.
Barter
use free() how does the system know what range of memory it has allocated use free() how does the system know what range of memory it has allocated
Price indices are used to measure the general price level change in an economy. Price levels are calculated periodically using a price index and compared with previous years. The price index usually contains select goods and services that affect consumer spending, these include food and drink, household goods and services, clothing, etc.
because it was the way to produce the largest amount of goods at the lowest price using the least skill for sale.
This is called the barter system.
Trading without the use of money is called bartering. In bartering, goods or services are exchanged directly for other goods or services without using a medium of exchange like money.