Refer to the table below. In the long run the firm should use plant size ATC-3 for what level of output?

Which of the following must cope with scarcity?

a. individuals b. companies c. governments d. families e. All of the above are correct.

If goods are not rationed according to price, if follows that

A) they won't get rationed at all. B) some non-price rationing device will be used to ration the goods. C) first-come-first-served will necessarily be the rationing device used in the market. D) there will be surpluses in the market. E) none of the above