The state of Minnesota rations camping sites on a first come, first served system. This has led to__________ and is _____________ to what America did during World War II. Venezuela ___________ on __________ to distribute food which is _________ to what Minnesota does with camping sites. An increase in the demand for camping sites and a decrease in supply; not similar; relies; prices; similar A surplus of camping sites and downward pressure on prices; similar to; does not rely; non-price rationing; similar The state failing to maximize revenue from this shortage-creating system; similar to; does not rely; prices; similar The opportunity cost of wasted time for many would-be campers; similar to; refuses to rely; the invisible hand; similar C and D only.
The state of Minnesota rations camping sites on a first come, first served system. This has led to__________ and is _____________ to what America did during World War II. Venezuela ___________ on __________ to distribute food which is _________ to what Minnesota does with camping sites. An increase in the demand for camping sites and a decrease in supply; not similar; relies; prices; similar A surplus of camping sites and downward pressure on prices; similar to; does not rely; non-price rationing; similar The state failing to maximize revenue from this shortage-creating system; similar to; does not rely; prices; similar The opportunity cost of wasted time for many would-be campers; similar to; refuses to rely; the invisible hand; similar C and D only.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter2: Economic Systems And The American Economy
Section: Chapter Questions
Problem 8AA
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- The state of Minnesota rations camping sites on a first come, first served system. This has led to__________ and is _____________ to what America did during World War II. Venezuela ___________ on __________ to distribute food which is _________ to what Minnesota does with camping sites.
- An increase in the demand for camping sites and a decrease in supply; not similar; relies; prices; similar
- A surplus of camping sites and downward pressure on prices; similar to; does not rely; non-
price rationing; similar - The state failing to maximize revenue from this shortage-creating system; similar to; does not rely; prices; similar
- The
opportunity cost of wasted time for many would-be campers; similar to; refuses to rely; the invisible hand; similar - C and D only.
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