SOLVED

11) If a landlord will rent an apartment only to married couples, the landlord is using a ________ allocation method. A) majority rule B) market price C) contest D) personal characteristics E) command 12) Canned milk was only rationed to babies and small children during World War 2. This rationing was an example of allocation by A) market price. B) first-come, first-served. C) sharing equally. D) force. E) personal characteristics . 13) Although Jack and Vanessa were equally qualified, Jack was promoted to manager instead of Vanessa because the president of the company thought that the other employees would not respect a female manager. The resource, the management position, was allocated in what manner? A) sharing equally B) contest C) personal characteristics D) command E) lottery 14) Allocating resources by the order of someone in authority is a ________ allocation method. A) first-come, first-served B) market price C) contest D) majority rule E) command 15) Jose works at Intel. His manager tells him what work needs to be completed each month. Jose’s resource, labor, is allocated with which of the following methods? A) command B) majority rule C) force D) personal characteristics E) lottery 16) The chair of the Department of Economics at Colorado State University decided that office space is for tenured faculty and that graduate students are required to share cubicles. What method is used to allocate office space? A) lottery B) majority rule C) command D) first-come, first-served E) sharing equally 17) If you split your dessert with your date, you are using a ________ allocation method. A) first-come, first-served B) sharing equally C) contest D) personal characteristics E) command 18) When the city of Fresno holds a referendum to determine if taxes will be raised to pay for road repairs, the city is using a ________ allocation method. A) majority rule B) market price C) contest D) personal characteristics E) command 19) Seventy percent of Austin’s chess club wanted to purchase new chess sets and thirty percent did not. The club purchased the sets. Which method of allocation best describes the choice to purchase the sets? A) force B) sharing equally C) command D) majority rule E) lottery 20) Which of the following situations describing a resource allocation method most resembles the majority rule method? A) Seventy percent of Austin’s chess club wanted to purchase new chess sets and thirty percent did not. The club purchased the sets. B) Lattes are sold at Starbucks. C) Food from the Weld County Food Bank is distributed to families in need. D) Jose works at Intel. His manager tells him what work needs to be completed each month. E) Matt’s mother had the rule that whoever cuts the cake chooses their slice last.