Allocation Activator

Organize these options into the right categories

Groups:

(a) Price

,

(b) Sharing

,

(c) Majority Rule

,

(d) First come first served

• National Parks

• Voting for the Presidency

• Too expensive for some

• While supplies last

Match the following

• Economist

• Someone who studies how people make choices to meet their wants and needs

• Incentive

• Allocate

• distribute

• Limited resources

• Scarcity

• A reason to change your behavior

The second best choice is called the (a)   .

• Opportunity Cost
• Economic principle
• negative incentive

Match

• Positive incentive

• A way to distribute resources

• Service

• Work performed for someone else

• Allocation strategy

• A bad reason to change your behavior

• Negative incentive

• A good reason to change your behavior

Organize these options into the right categories

Groups:

(a) Personal Characteristics

,

(b) Contest

,

(c) Random selection

• Hard working

• Score the most points to get a prize

• Lottery