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GREYUIT [131]
3 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]3 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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__________ involves taking apart a product, analyzing it, and creating an improved product that does not infringe on the competi
kompoz [17]

Answer:

Reverse engineering

Explanation:

Reverse engineering is one of the most complicated procedures which involves great deal of critical analysis. It’s a process which takes apart a product and then redesign and recreate it.  Reverse engineering is the best way to learn other technologies and replicating them effectively. It also involves a great deal of analysis regarding the complete composition and construction.

7 0
3 years ago
Which activity relates to scrutiny or examination of a given problem?
Sergeeva-Olga [200]

The activity that relates to scrutiny or examination of a given problem is called Investigation.

<h3>What is scrutiny?</h3>

Scrutiny refers to the act of inspection or examination into some important matter. For example:- Inspector doing the detail scrutiny of the crime matters.

The action that refers to scrutiny or the analysis of a certain topic is called investigation. When the unique issue requires careful analysis. A thorough investigation is conducted to have a full understanding of the issue.

Therefore, it can be concluded that investigation is step by step scrutiny of the problem.

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brainly.com/question/28054071

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Your question is incomplete, but most probably the full question was....

A (an) ____ is a part-by-part scrutiny of a given problem.

5 0
2 years ago
Chess Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 480 units that cost $6
Whitepunk [10]

Answer:

The cost of ending inventory is $24314.

Explanation:

Under the average cost method, the inventory is valued at the average cost of all the inventory that is available from the start of the month and the purchases made.

The average cost of inventory can be calculated by summing up the total cost of beginning inventory and purchases and dividing it by the total number of units available for sale.

Average cost per unit = [ 480*65 + 720*68 + 360*70 ] / [480 + 720 + 360]

Average cost per unit = 67.538 rounded off to $67.54 per unit

The total inventory available for sale = 480+720+360 = 1560 units

The ending inventory in units = 1560 - 1200 = 360 units

The cost of ending inventory = 360 * 67.54 = $24314.4 rounded off to $24314

5 0
4 years ago
When a counselor uses a networked or shared computer for the storage of confidential information on clients, the counselor shoul
Alex

When a counselor uses a networked or shared computer for the storage of confidential client information, the counselor should <u>store confidential records on a portable storage device, rather than on the computer's hard drive</u><u>.</u> A counselor is a person trained to give guidance on personal or psychological problems.

<h3>What is a confidential record?</h3>

Confidential records contain information that for one or more reasons should only be disclosed to specific people or groups.

Therefore, the correct answer is as given above.

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5 0
1 year ago
Oscar owns a bulldog. Another dog owner filed a lawsuit against Oscar alleging that his bulldog injured her pet poodle in a dog
artcher [175]

Answer:

File a motion or a judgement notwithstanding the verdict

Explanation:

5 0
3 years ago
Read 2 more answers
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