--%>
Assignment Help - homework help

Queuing-Allocative Mechanisms

Can someone help me in finding out the right answer from the given options. Most of the colleges allocate football and basketball tickets by encompassing students wait in long lines beginning at around 6 am on frigid fall mornings. This ineffective allocative mechanism is termed as: (i) Tradition. (ii) Brute force. (iii) Arbitrary selection. (iv) Queuing. (v) Merit.

   Related Questions in Econometrics

  • Q : Circular Flow Model-People in households

    I have a problem in economics on Circular Flow Model-People in households. Please help me in the following question. In a simple circular flow model, the ‘owners’ of all the resources are classified as: (i) Employees. (ii) Entrepreneurs. (

    		•
  • Q : Private property and laissez-faire

    Can someone help me in finding out the accurate answer from the following options. The pure capitalism is characterized through: (1) Private property and laissez-faire govt. policies. (2) Business monopolies balanced by the strong labor unions. (3) De

    		•
  • Q : Fiscal policy Which one of the

    Which one of the following statements about discretionary fiscal policy is correct? A. Discretionary fiscal policy refers to the changes in taxes and transfers that occur as GDP changes. B. Discretionary fiscal policy refers to any change in government spending or taxes that destabilizes the econo

    		•
  • Q : Allocative Mechanisms-Markets Can

    Can someone help me in finding out the accurate answer from the given options. Production which is most compatible with the consumer tastes and preferences is more probable whenever allocation is decided by: (1) Queuing. (2) Majority voting. (3) Indiv

    		•
  • Q : Unemployment- Production possibility

    I have a problem in economics on Unemployment- Production possibility curve. Please help me in the following question. Unemployment is exhibited with the production possibility curve through: (i) Move all along the curve. (ii) Shifting the curve down.

    		•
  • Q : Brute Force-Allocative Mechanisms The

    The profits to consumers foregone whenever hostile nations spend huge sums on national defense are a symptom of inefficiencies related with the allocative method of: (1) Brute force. (2) Tradition. (3) Queuing. (4) The market-place. (5) Arbitrary selection.

  • Q : Operating in an economically efficient

    Can someone please help me in determining the right answer from the following question. The society is least probable to be operating in an economically efficient fashion when: (1) Whenever one individual gains then the other necessarily loses. (2) Br

    		•
  • Q : Diminishing Returns for different kinds

    The Standard economic suppositions recommend that the production possibilities frontiers are concave from beneath [from origin] mainly because: (i) People desire additional units of a good less the more of good they encompass. (ii) The relative produc

    		•
  • Q : Preferences among kinds of current goods

    The Society's production possibilities frontier would not be shifted by modifications in: (1) The production technology. (2) Quality of the resources available. (3) Amounts of resources accessible. (4) Preferences among kinds of current goods.

  • Q : Law of comparative advantage Can

    Can someone please help me in determining the right answer from the following question. The law of comparative benefit exhibits: (a) Why trade with a country in which salaries are low is not fair. (b) How countries try to use each other via trade. (c)

    		•