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Question $8$ of $16$

Equilibrium: Where Supply Meets Demand $$ End of Chapter Problem

a$.$ You are the coordinator of a nonprofit that distributes donated items to three local homeless shelters and want to figure out a way of distributing the donated items to the shelters who need it the most. Which of the following would most likely achieve your goal?

Ask shelters to submit their requests, and decide what to send where based on their answers.

Divide the donations evenly among the three shelters.

Send all the donations to the shelter that has the least.

Offer each shelter a virtual "budget" and have them bid on different items.

Incorrect

b$.$ Which of these best represent a planned approach and which best represent a market approach?

Planned Approach

Market Approach

Send all the donations to the shelter that has the least.

Divide the donations evenly among the three shelters.