--%>

Allocative Mechanisms-Queuing

I have a problem in economics on Allocative Mechanisms-Queuing. Please help me in the following question. The Queuing frequently comprises: (1) Long waiting lines. (2) Exceptionally low opportunity costs. (3) Fast technological growth. (4) Last-in, first-out accounting systems.

Select the right one.

   Related Questions in Econometrics

  • Q : How Capitalist nations become

    Not among frequent criticisms of pure capitalism is the notion which: (i) Capitalism rewards greediness (ii) Corporations wields too much social power. (iii) Government bureaucracy smothers creativity and productivity. (iv) Capitalist nations become a

  • Q : Production Possibilities Frontiers as

    I have a problem in economics on Production Possibilities Frontiers as tools. Please help me in the following question. Production possibilities frontiers are much least useful as tools to exemplify: (i) Scarcity. (ii) Opportunity costs. (iii) Feasibl

  • Q : Economies resources and technology Can

    Can someone help me in finding out the right answer from the given options. When an economy generates the maximum probable output of one good, with its technology and resources, it will: (1) Be exterior to its production-possibilities curve. (2) Encom

  • Q : Use of production resources Arbitrary

    Arbitrary selection, tradition and queuing are all probable to consequence in: (1) greater fairness that takes place beneath laissez-faire capitalism. (2) Low levels of production as resources are inefficiently employed. (3) The socialist revolution a

  • Q : Problem regarding Division of Labor

    Rocky Mountain encompass one group of workers shape metal tubing whereas other groups weld frames, others bring together, paint flames on gas tanks, and  test ride new cycles at Rocky’s Custom Choppers. Rocky’s firm relies on the division of: (1) Task

  • Q : Inefficient economy resources Points

    Points within an economy’s production possibilities curve exhibit combinations of goods which: (i) Can’t be generated, provided the economy’s capacity. (ii) Employ the economy’s capacity proficiently. (iii) Can be generated, ho

  • Q : War-time capitalism and fascism Private

    Private property ownership however with strong govt. decision-making regarding resource utilization is the characteristic of: (i) War-time capitalism, and fascism. (ii) Communism and Socialism. (iii) Primitive agriculture. (iv) Anarchy and utopianism.

  • Q : Technological advances in allocative

    I have a problem in economics on Technological advances in allocative mechanisms. Please help me in the following question. Not among major kinds of allocative methods would be: (i) Technological advances. (ii) Government. (iii) Queuing. (iv) Traditio

  • Q : Socialist system of USSR Can someone

    Can someone help me in finding out the accurate answer from the given options. From around 1917 till the year1990, the socialist system in the previous USSR emphasized: (i) Decentralized decision making. (ii) Centralized planning. (iii) Private property rights. (iv) T

  • Q : Efficiency and Allocative Mechanisms

    The XYZ Aviation Administration now needs airlines which overbook flights to secure the volunteers willing to give reserved seating by recompensing them to take a later flight with extra tickets or another incentive. Formerly, the airlines bumped the ticketed passenge