--%>
Assignment Help - homework help

Queuing-Allocative Mechanisms

Can someone help me in finding out the right answer from the given options. Most of the colleges allocate football and basketball tickets by encompassing students wait in long lines beginning at around 6 am on frigid fall mornings. This ineffective allocative mechanism is termed as: (i) Tradition. (ii) Brute force. (iii) Arbitrary selection. (iv) Queuing. (v) Merit.

   Related Questions in Econometrics

  • Q : Opportunity Costs-Linear possibility

    I have a problem in economics on Opportunity Costs. Please help me in the following question. The linear (or straight line) production possibilities frontier would mean that the opportunity costs are: (i) increasing. (ii) Decreasing. (iii) Constant. (

    		•
  • Q : Brute Force-Allocative Mechanisms The

    The profits to consumers foregone whenever hostile nations spend huge sums on national defense are a symptom of inefficiencies related with the allocative method of: (1) Brute force. (2) Tradition. (3) Queuing. (4) The market-place. (5) Arbitrary selection.

  • Q : History of idle capacity during world

    Can someone please help me in finding out the right answer from the following question. Huge idle capacity in the U.S. at the beginning of World War II made: (1) The war costless for United States. (2) U.S. living standards drop more than had all reso

    		•
  • Q : Effects of reduced production on Income

    Can someone help me in finding out the right answer from the given options. Relative to the market system, allocation of resources and goods strictly according to requirements or to equivalent shares will most likely outcome in: (1) Decreased production. (2) Accelerat

    		•
  • Q : How Laissez-faire economic policies

    Can someone help me in finding out the right answer from the given options. I have a problem in economics on Laissez-faire economic policies. Please help me in the following question. Laissez-faire economic policies would be dominant beneath pure: (1)

    		•
  • Q : Allocative and distributive decisions

    In countries which rely greatly on centralized decision making most: (i) Main allocative decisions are made by the consumers and business organizations. (ii) Allocative and distributive decisions are made by government. (iii) Nonhuman resources are owned and controlle

    		•
  • Q : Involvement of Queuing I have a problem

    I have a problem in economics on Involvement of Queuing. Please help me in the following question. Queuing entails: (i) Fundamental skills for play pool. (ii) Low opportunity costs for the busy people. (iii) Assembly-line forms of the production. (iv) First-come, firs

    		•
  • Q : Division of Labor I have a problem in

    I have a problem in economics on Division of Labor. Please help me in determining the right answer from the following question. Shannon brewing an espresso drinks whereas Kelly bakes the croissants at their coffee shop are an illustration of: (i) Comp

    		•
  • Q : Allocative Mechanisms-Brute Force I

    I have a problem in economics on Allocative Mechanisms. Please help me in the following question. Timmy gives Butch his lunch money every day to keep Butch from giving Timmy black eyes, swirly, and atomic wedgies. Butch preferred allocative mechanism

    		•
  • Q : Expanding the Diminishing Returns Can

    Can someone help me in finding out the right answer from the given options. The law of diminishing returns refers to the rising: (1) Complexities encountered in expanding any activity continually. (2) Reductions in the costs from expanding big scale p

    		•