A system of allocating scarce goods and services using criteria other than price is .?

1 answer

Answer

1003609

2026-04-03 16:00

+ Follow

A system of allocating scarce goods and services using criteria other than price is known as a non-price rationing mechanism. Non-price rationing mechanisms include methods such as first-come, first-served, lottery, merit-based allocation, and need-based allocation. These mechanisms are often used in situations where price-based allocation may not be fair or equitable, such as in healthcare, education, or disaster relief efforts.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.