6 answers

Who gets scarce resources in a market economy

Question:

Who gets scarce resources in a market economy?
A) the government
B)whoever is willing and able to pay the price
C)whoever wants them
D)Whoever the government decides gets them

Answers

Who do you suppose will get this resource -- the person who will pay $10 a pound or the person who will pay only $1.00 a pound for it?.

What is YOUR answer?.

The government does not govern a market economy.

Check this definition of a market economy -- which is basically what is in effect in the U.S.

http://www.investorwords.com/2971/market_economy.html.

C.

A?.

So then either B or C?.

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