--%>
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 : Technological advances in Economic

    Can someone help me in finding out the right answer from the given options. Points exterior to the production possibilities frontier become possible when: (i) Depreciation surpasses saving. (ii) Technology advances. (iii) Exports surpass imports. (iv) Resource underem

    		•
  • Q : Problem on relative household incomes

    The most complex concepts to exemplify with a graph of a production possibilities frontier would be: (1) Associative prices and opportunity costs. (2) Productive inadequacy and unemployment. (3) Scarcity and choices. (4) Diminishing returns. (e) Assoc

    		•
  • Q : Distribution In the quintile

    In the quintile distribution of income, the term "quintile" represents?

    		•
  • Q : Allocative Mechanisms-Absorption of

    The huge absorption of resources for the arms race among the United States and USSR from the year1945 to 1990 is an instance of inefficiencies related with the allocative method of: (1) Queuing. (2) Arbitrary selection. (3) Brute force. (4) Capitalism

    		•
  • Q : Involvement of Queuing I have a problem

    I have a problem in economics on Involvement of Queuing. Please help me in the following question. Queuing entails: (i) Fundamental skills for play pool. (ii) Low opportunity costs for the busy people. (iii) Assembly-line forms of the production. (iv) First-come, firs

    		•
  • Q : Parallel outward shift of production

    The parallel outward shift of the whole production possibility frontier signifies that: (i) Unemployment have been removed. (ii) The resources are more efficiently employed. (iii) An economy can generate more of one good. (iv) An economy can generate

    		•
  • Q : Reduced form equations Which of the

    Which of the following econometric models are linear in parameters or variables (state if they are linear in both)? Explain briefly what kind of data transformation would be needed to estimate the parameters of these models. i) Yi = ?1 + ? 2 Xi 2+ ?3 Xi 3 + ui ii) Yi= ß1 + ß2 ln X + ui iii) Y

    		•
  • Q : Economic growth Why are democratic

    Why are democratic regimes more conducive to economic growth than dictatorship?

    		•
  • Q : Honesty and integrity in market

    The economic system which in theory depends relatively the least for its efficiency and in general success on honesty and integrity and humanitarianism of members of the economically and socially and most of the elite groups in the system are about ce

    		•
  • Q : Confronting the problem of US scarcity

    The main mechanism employed in United States to confront the problem of scarcity is: (1) The market system, that relies on prices to the direct production. (2) The mixture of brute force and tradition. (3) Arbitrary selection, however queuing as well

    		•