Private markets ration goods among consumers in an efficient way. Explain what this statement means. Does it

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“Private markets ration goods among consumers in an efficient way.” Explain what this statement means. Does it imply that there is no basis for thinking that some other distribution would be better?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Microeconomics Theory and Applications

ISBN: 978-1118758878

12th edition

Authors: Edgar K. Browning, Mark A. Zupan

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