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GREYUIT [131]
2 years ago
9

g Money is best defined as whatever serves society in three functions: medium of exchange, store of value, and unit of account.

whatever the government allows money to be. paper bills and coins. Barter is best defined as a situation where two individuals each want some or service that the other can provide. literally trading one good for another without using money. an informal market such as a flea market. A double coincidence of wants is a situation in which money is used to facilitate economic transactions. a situation where two individuals each want some or service that the other can provide. literally trading one good for another without using money.
Business
1 answer:
worty [1.4K]2 years ago
7 0

Money is best defined as whatever serves society in three functions: medium of exchange, store of value, and unit of account.

Barter is best defined as a situation where two individuals each want some or service that the other can provide.

A double coincidence of wants is a situation where two individuals each want some or service that the other can provide.

<h3>What is money?</h3>

Money is anything that is  accepted by the general public as a means of payment for products and for repayment of debt.

<h3>What are the functions of money?</h3>
  • Medium of exchange : money can exchanged for goods and services.
  • Unit of account : money can be used to determine the value of goods and services
  • Store of value : money can retain its value over the long term.

<h3>What is barter?</h3>

Barter is when people exchange goods with goods. For barter to occur, there has to be a double coincidence of wants. This means that someone has to have what you want and that person wants what you have.

To learn more about money, please check: brainly.com/question/940436

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Assets that are not expected to provide benefits for a number of accounting periods are called __________.
kiruha [24]
Assets that are not expected to provide benefits for a number of accounting periods are called b. fixed assets
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4 years ago
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Sophie is highly concerned about what others think of her. She is extremely careful about freely displaying her feelings and opi
antiseptic1488 [7]

Answer:

The correct answer is letter "C": high on self-monitoring.

Explanation:

American psychologist Mark Snyder proposed the self-monitoring scale to explain how much people measure their behavior and affective demonstrations in front of others. Self-monitoring is the ability individuals have to evaluate their behavior to provide a good impression to others.

Thus, Sophie would score high in a self-monitoring test.

4 0
4 years ago
Economic systems differ according to which two main characteristics?
nikitadnepr [17]

Answer:

A.

Explanation:

Economic systems refers to the different ways in which a government moves and distributes the resources that the country needs, including labor, capital, entrepreneurs, physical resources and information resources. That being said the two main characteristics that explains how they differ would be who owns the factors of production which are the 5 stated above, and the methods used to coordinate economic activity.

4 0
3 years ago
Suppose that Verizon Wireless has hired you as a consultant to determine what price it should set for calling services. Suppose
Feliz [49]

Answer:

If Verizon charges an optimal two-part price thenconsumer surplus will be zero.

Explanation:

Given a competitive market the consumer surplus will be the area of the demand curve above the market price

This is, between the intersection point with Y axis and a parallel at market price. Ofter represent as a triangle

If a monopolistic company maximize profit It will decrease this consumer surplus as much as it can to gain it from itself.

First it will set price equal to his marginal revenue.

Then, if possible it will charge two tariff a fixed component and a variable component per usage This will extrac all consumer surplus in favor of the firm leaving a consumer surplus of zero.

If Verizon charges an optimal two-part price thenconsumer surplus will be zero.

3 0
3 years ago
What is the average of gross income for domestic movies (in mln)?
Brrunno [24]

The average gross income for domestic movies (in mln) is 180

A film industry-specific term used by box office reporters such as Variety and Box Office Mojo. For movies released in North America, box office revenue is usually divided into domestic, including the United States and Canada, and international, including all other countries.

Today, weekly box office revenues are usually considered Friday-Thursday, reflecting the fact that most movies are officially released on Friday in the United States. Variety was published every Wednesday for many years, so most of the weekly box office revenue they reported in the 1920s-1990s was from Thursday-Wednesday.

Most of the Weekly Loss is weekend cashiers. Historically, this has been reported as box office revenue from Friday to Sunday, and holidays close to weekends. Day numbers from Friday to Sunday are also now used.

Learn more about Domestic movies here: brainly.com/question/25731424

#SPJ4

5 0
2 years ago
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