Briefly explain why the following statements are either TRUE

Briefly explain why the following statements are either TRUE or FALSE:

a.   Even though school dormitory rooms are rationed by lottery, these rooms are still affected by economic forces.

Solution

ANSWER:

Even though school dormitory rooms are rationed by lottery, these rooms are still affected by economic forces.....TRUE

There are three ways a limited number of dormitory rooms could be rationed is lottery, administrative decree, or free market system. The reason is that because more you pay the better the room will be