Question

select the correct answer from each drop-down menu
to allocate scarce goods and resources, a market economy uses
this means that individuals will get the goods and
services if they
non - price rationing
preferential treatment
price rationing

Explanation:

In a market economy, the allocation of scarce goods and resources is done through price rationing. Price rationing means that individuals who are willing and able to pay the market price for goods and services will get them. Non - price rationing is more associated with non - market or command - type economies, and preferential treatment is not a standard method of resource allocation in a market economy. For the second blank, since it's a market economy using price rationing, individuals get goods and services if they are willing and able to pay the price (the logic behind price rationing).

Answer:

First drop - down: price rationing
Second drop - down: are willing and able to pay the price (or a similar phrase related to being able to meet the price requirement for the goods/services, depending on the exact options in the drop - down which are not fully visible but based on economic theory)