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A system of allocating scarce goods and services using some criteria other than price?
rationing
A system of allocating scarce goods and services using criteria other than price is .?
A system of allocating scarce goods and services using criteria other than price is known as a non-price rationing mechanism. Non-price rationing mechanisms include methods such as first-come, first-served, lottery, merit-based allocation, and need-based allocation. These mechanisms are often used in situations where price-based allocation may not be fair or equitable, such as in healthcare, education, or disaster relief efforts.
What is a structure for allocating scarce resources.?
An economic plan
What is the most crucial problems of economics?
allocating scarce productive resources to satisfy wants.
What is called the use of scarce resources for production of goods and services?
Rationing
A system of allocating scarce goods and services using some criteria other than price?
rationing
A system of allocating scarce goods and services using criteria other than price is .?
A system of allocating scarce goods and services using criteria other than price is known as a non-price rationing mechanism. Non-price rationing mechanisms include methods such as first-come, first-served, lottery, merit-based allocation, and need-based allocation. These mechanisms are often used in situations where price-based allocation may not be fair or equitable, such as in healthcare, education, or disaster relief efforts.
What is a structure for allocating scarce resources.?
An economic plan
Is a structure for allocating scarce resources?
An economic plan
What is the most crucial problems of economics?
allocating scarce productive resources to satisfy wants.
What is called the use of scarce resources for production of goods and services?
Rationing
Most economists agree that markets are weak and ineffective mechanisms for allocating scarce resources?
false
Why goods and services are scarce?
All resources are scarce.
The basic economic problem is that of allocating scarce resources among the competing and virtually limitless wants of?
Consumers In Society.
What is Dividing up scarce goods and services without concern for prices called?
free market
Why all goods and services are scarce?
All resources are scarce.
All goods and services are scarce because the resources that compose them are scarce?
Resources are limited .
