Question

To allocate scarce goods and resources, a market economy uses . This means that individuals will get the goods and services if they . NextReset

Answer 1

To allocate scarce goods and resources, a market economy uses price rationing. This means that individuals will get the goods and services if they have the ability to pay. Basically, if you don't have money for it you can't get it. Unlike this is for example a purely communist government where people would in theory get things based on how much they need it and not on how much they can pay for.