Asked by Yusuf Gazali on May 18, 2024

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The type of nonprice rationing that most closely approaches the market outcome is

A) coupon rationing with coupons that can be resold.
B) coupon rationing with coupons that cannot be resold.
C) first-come, first-served basis or queuing.
D) favored customer rationing.

Coupon Rationing

A method where coupons are used to limit the purchase of certain products to ensure equitable distribution or to manage scarcity.

Market Outcome

The end result of all buying and selling activities within a particular market, determined by factors like supply and demand, competition, and regulation.

Resold

The act of selling a product or service that has previously been bought, often used in the context of goods sold in secondary markets.

  • Investigate different mechanisms of rationing resources without adjusting prices, and assess their effectiveness in allocating resources.
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KM
kaash moneyMay 20, 2024
Final Answer :
A
Explanation :
Coupon rationing with coupons that can be resold most closely approaches the market outcome because it allows for the transfer of the right to purchase goods among individuals. This transferability means that those who value the goods more highly can obtain more coupons by buying them from others, similar to how prices allocate goods in a market based on willingness and ability to pay.