1. Use a real-life example to describe the following allocation methods. Hint: Use family, friends, teams, church, and/or clubs

Question

2 years ago

7

for examples.
Brute Force

Market

Queuing

Random Selection

Tradition

Equal Shares

Need

Planned

1 answer:

Kitty [74] · Answer 1 · 2023-12-02T00:56:58+03:00

A real-life example of the concepts are:

Brute force: The use of different numbers, trying to win the lottery.

Market: The buying and selling of ice cream at backyard sales.

Queuing: Standing in line to pay for goods at a mall

<h3>What is Queuing?</h3>

This refers to the standing in line by a group of people in order to access a particular service.

Hence, we can see that the other answers are:

Random selection: Picking one person out of four persons, through the throw of a die.

Tradition: Going to camp every year between father and son.

Equal Shares: The allocation of the same amount of food in a family

Need: The purchase of food in order to continue living.

Planned: A vacation to a foreign place that has been in the making for a long time.

Read more about allocation methods here:

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