Several critics argue that in rationed systems, analysts do not account for the economic costs of waiting for service. If the United States has less waiting time than other countries for various procedures, and resource costs take these into account, then a.resource cost differentials will be widened. b.resource cost differentials will be narrowed. c.there will be no impact on resource cost differentials because one can’t add time and money together. d.the adjustment will depend on how much people value their time.
Several critics argue that in rationed systems, analysts do not account for the
economic costs of waiting for service. If the United States has less waiting time than other countries for various procedures, and resource costs take these into account, then
a.resource cost differentials will be widened.
b.resource cost differentials will be narrowed.
c.there will be no impact on resource cost differentials because one can’t add time and money together.
d.the adjustment will depend on how much people value their time.
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