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apadong apadong
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7 years ago
The government imposes a price ceiling on sugar that is above the market price. You are asked to suggest a rationing scheme that will minimize the misallocation of resources. You suggest
A) using rationing coupons that cannot be resold.
B) that no rationing system will be necessary.
C) using rationing on a first-come, first-served basis.
D) using rationing coupons that can be resold.
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goldlilysgoldlilys
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7 years ago
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apadong Author
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#2
7 years ago
Thx
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