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ECO 204 CHAPTER FINAL (Micro_TIF1_9e_Chapter04)
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The Price System: Rationing and Allocating Resources
1
Multiple Choice
1)
In the short run, it is necessary to non-price ration a good whenever ________ exists.
A)
excess demand
B)
excess supply
C)
a surplus
D)
market equilibrium
Answer:
A
Diff: 2
Topic:
The Price System: Rationing and Allocating Resources
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[Solved] ECO 204 CHAPTER FINAL (Micro_TIF1_9e_Chapter04)
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- Submitted On 18 Oct, 2016 12:14:16
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1
The Price System: Rationing and Allocating Resources
1
Multiple Choice
1)
...
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