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sergiy2304 [10]
2 years ago
14

A major source of inefficiency in barter economies is that they require:.

Business
1 answer:
aleksklad [387]2 years ago
6 0

A major source of inefficiency in barter economies is that they require a. a double coincidence of wants in exchange.

<h3>What are the causes of a barter system's inefficiency?</h3>

The barter system is 'inefficient' because a 'double coincidence of wants' is required. Bartering between two parties requires that both parties have what the other wants.

There is no standard unit of account/common measure of value.

Therefore, the Barter system is considered an 'inefficient' system.

Learn more about Barter system here:

brainly.com/question/17151636

#SPJ1

You might be interested in
How do product managers manage their product mix
Inga [223]

Answer:

sorry if this dosent help

Explanation:

Considering the leap from being a product manager to a leadership role, but not sure what’s involved in managing product managers? You’re smart to look into this. The responsibilities of product leadership and the skills required, are very different those of a product manager.

Managing product managers can be an exciting and rewarding career. But before we jump into the details, here’s one key point that might change your perspective.

7 0
3 years ago
Luke invested $110 at 3% simple interest for a period of 6 years. How much will his investment be worth after 6 years?
Finger [1]

Answer:

investment after 6 years = $129.80

Explanation:

given data

invested = $110

simple interest = 3%

period = 6 years

to find out

How much will his investment be worth after 6 years

solution

first we get here interest that is express as

interest = invested amount × rate × time    ..................1

interest = $110 × 3% × 6

interest = $19.8

and

investment after 6 years = invested amount + interest   .................2

investment after 6 years = $110 + $19.8

investment after 6 years = $129.80

3 0
3 years ago
In an efficient market, prices appear to move randomly becauseA) investors do not process new information correctly.B) only new
Gennadij [26K]

Answer:

Correct answer is B.

Explanation:

B is correct. In the Strong-form efficient market hypothesis, all public and private information is reflected in prices and it is impossible for anyone to outperform the market. Only new information affects stock prices, but then, this new information is processed correctly and reflected in the price of an asset so fast before anyone can act on it. As a result, the price action becomes totally unpredictable and prices appear to move randomly.

6 0
3 years ago
Wes Motors has total assets of $98,300, net working capital of $11,300, owners' equity of $41,600, and long-term debt of $38,600
Molodets [167]

Answer:

Current Assets = $29,400

Explanation:

Total Assets = Total Liabilities + Owner's Equity

$98,300 = (Long Term Debt + Current Liabilities ) + Owner's Equity

$98,300 = $38,600 + Current Liabilities + $41,600

Current Liabilities = $98,300 - $38,600 - $41,600  

Current Liabilities = $18,100

Net Working Capital = Current Assets - Current Liabilities

$11,300 =  Current Assets - $18,100

Current Assets = $11,300 +$18,100  

Current Assets = $29,400

6 0
3 years ago
1. An engineer in 1950 was earning $6,000 a year. Today she earns $60,000 a year. However, on average goods today cost 6.6 times
vivado [14]

The engineer's real income today in terms of constant 1950 dollars is $14,400.

<h3>What is the real income?</h3>

Real income ls nominal income less inflation rate. Inflation rate is when there is a persistent rise in the general price levels of a country.

Real income = nominal income - inflation

Inflation = (1 + 6.6) x $6000 = $45,600

Real income = $60,000 - $45,600 = $14,400

To learn more about real income, please check: brainly.com/question/6616964

7 0
2 years ago
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