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Vanyuwa [196]
2 years ago
15

as a means of exchange in our economy makes it easier for people to make transactions with each other.

Business
1 answer:
Anettt [7]2 years ago
6 0

Money is a means of exchange in our economy makes it easier for people to make transactions with each other.

Money is a commonly accepted commodity as an economic medium of exchange. It is a medium that expresses prices and values. It circulates from person to person, from country to country, promotes trade, and is a major measure of wealth.

In summary, money has taken many forms over the centuries, but money has consistently performed three functions. It is a medium of value storage, a calculation unit, and exchange. The modern economy uses legal tender. This is neither a commodity nor the money represented or "backed" by the commodity.

Exchange medium. When economists say that money acts as a medium of exchange, they mean a currency unit used to measure and compare the relative value of commodities.

Learn more about Money here: brainly.com/question/329739

#SPJ4

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Enrique did not want to tell his manager that it was not likely that his employees would meet the looming production deadline. H
asambeis [7]

Answer:

B. Upward distortion

Explanation:

Based on the information provided within the question it can be said that this seems to be an example of upward distortion. In the context of business, this refers to when a lower employee fails to, or is hesitant to communicate negative information to his/her superiors due to the consequences. Which is what Enrique is doing in this scenario.

8 0
3 years ago
At a price of $15 each, Marta buys 4 books per month. When the price increases to $20, Marta buys 3 books per month. Luz says th
Lapatulllka [165]

Answer:

No, Luz is incorrect. Marta's quantity demanded has decreased, but her demand has stayed the same.

Explanation:

For $15 per book, the quantity demanded was 4 books per month.

When the price increases to $20 per book, the quantity demanded fell to 3 books per month.

This shows a decrease in the quantity demanded. A change in demand occurs when the price is constant and quantity demanded changes because of change in other factors. But here the other factors are constant and the quantity demanded is changing due to a change in price.

So, Luz's statement here is incorrect.

4 0
3 years ago
If a monopolist or a perfectly competitive firm is producing at a break-even point, then:
Klio2033 [76]
If a monopolist or a perfectly competitive firm is producing at break-even point then they're basically equaling their average revenue to the average total cost - ii.

This basically means that they are operating at a level where the amount which they produce relates to the amount they spend. 
4 0
3 years ago
Which of the following is not correct with respect to using bcc for recipients of a message?
Korvikt [17]

The option that is not correct with respect to using bcc for recipients of a message is this:

  • It should be the default for all correspondence.
<h3 /><h3>What is the Blind Carbon Copy?</h3>

Blind carbon copy is a way of preventing the recipients of a bulk message from viewing the other addressees. While it is a very good privacy option, it is not expected to be the default for all correspondence.

Sometimes, the addressees might have to view their counterparts so BCC is enabled in such cases.

Learn more about the Blind Carbon Copy here:

brainly.com/question/3594902

#SPJ11

5 0
1 year ago
i have a friend i think of as my brother and i changed the emoji on messenger to the teddy bear emoji and his nickname to 'My Te
olga2289 [7]

Answer:

oh wow that's nice I think... XDD

5 0
2 years ago
Read 2 more answers
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