Which method is used to allocate the following scarce resources? Campus parking space between student areas

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Which method is used to allocate the following scarce resources?

• Campus parking space between student areas and faculty areas

• A spot in a restricted student parking area

• Textbooks

• Host city for the Olympic Games Use Figure 1, which shows a nation’s PPF, and Table 1, which shows its marginal benefit and marginal cost schedules, to work Problems 2 and 3.

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