Answer:
The correct answer is:
Consumer's ability to pay
In a non-price rationing system, consumers are able to receive goods and services based on their ability to pay for them, rather than being limited by the availability of goods and services. This means that consumers with the means to pay for goods and services can access them, while those who do not have the means to pay may not be able to access them.
There are several reasons why consumers may not have the ability to pay for goods and services, including:
1. Income: Consumers may not have enough income to pay for goods and services, either because they are low-income or because they have experienced a financial setback, such as a job loss or medical emergency.
2. Credit: Consumers may not have access to credit, either because they do not qualify for credit or because they have a poor credit history.
3. Financial literacy: Consumers may not have the financial literacy or knowledge to understand how to manage their finances and make informed decisions about their spending.
In a non-price rationing system, the availability of goods and services is not limited by the price, but rather by the consumer's ability to pay. This means that consumers who are unable to pay for goods and services may still be able to access them, either through financial assistance programs or by finding alternative, more affordable options.
Step-by-step explanation: