39) Which of the following is true?A) When resources are allocated on the basis of personal characteristics, all people who arewilling and able to pay the price get the resource.B) When the range of activities to be monitored is large and complex, a command systemallocates resources better than a market price.C) When a market price allocates resources, some people who are willing and able to pay thatprice don't get the resource.D) Force helps support the legal system on which markets function.S000 tirac If the sunnly

illing and able to pay the price get the resource. When the range of activities to be monitored is large and complex, a command system locates resources better than a market price. When a market price allocates resources, some people who are willing and able to pay that ice don't get the resource. Force helps support the legal system on which markets function. If the

illing and able to pay the price get the resource. When the range of activities to be monitored is large and complex, a command system locates resources better than a market price. When a market price allocates resources, some people who are willing and able to pay that ice don't get the resource. Force helps support the legal system on which markets function. If the

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter11: Public Goods And Common Resources

Section: Chapter Questions

Problem 2PA

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