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Home Q & A Board Other Fields Homework Help Business Economics
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alphalions alphalions
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8 months ago

The latest Taylor Swift album is available to be downloaded for $18.99. Is this price a rationing device?



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No, the album will be sold to anyone having the required number of dollars.



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Yes, because the album will only be purchased by people who are willing and able to pay $18.99.



▸

No, for price to be a rationing device, it must be so high that only one unit of the item is sold.



▸

Yes, since that is a reasonable price.

Textbook 
Economics

Economics


Edition: 12th
Author:
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heavenlyangelheavenlyangel
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8 months ago
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alphalions Author
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This site is awesome
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Yesterday
Helped a lot
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Correct Slight Smile TY
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