Question

What is allocation by need?

(1 point)
• pricing goods based on want rather than need
O giving or selling goods only to people who most need them
O giving or selling goods to whoever will stand in line the longest
pricing goods so that even the most vulnerable members of society can afford them

Answer 1

[AI-generated answer — Bot GPT 3.5]

Allocation by need refers to the practice of giving or selling goods only to people who most need them. It involves prioritizing the distribution of goods to ensure that even the most vulnerable members of society can afford and access them.