Question

As rationing mechanisms, prices options: a. are efficient, but long lines are inefficient. b. and long lines are inefficient. c. are inefficient, but long lines are efficient. d. and long lines are efficient.

Answer 1

Answer:

a. are efficient, but long lines are inefficient

Explanation:

A rationing mechanism is a system in which who gets how many goods during a shortage is carefully chosen, in order to do these long lines are used even though they are inefficient.

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