Answer:
Barter
Explanation:
Barter system is a kind of trade system of exchange in which the participles involving in the transaction directly exchange the services or the goods for other services or goods without the usage of medium of the exchange such as money.
Marcel and Charles are involving in barter system in which former exchanges the boat with the car of the latter.
Climate effects vegetation of a area as for example, in places with moderate to high temperatures, and a abundant amount of rainfall throughout the year have a lot of foresting, whereas in places with not a lot of rainfall, there are only things like deserts, and aired regions.
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Answer:
A-first circulating library in America
Explanation:
Benjamin Franklin and others in July 1st 1731 founded the first library called the Library Company of Philadelphia.
Answer: The higher the percentage of your budget spent on a particular good, the more elastic your demand for goods overall
Explanation: The elasticity of demand is an economic principle which measures the rate or degree of consumer response to changes in quantity demanded as a result of a change in price, given that all other factors remain equal. This means that all things being equal, the desire for a good reduces as the price increases.
For some products, the desire to buy them drops rapidly with even a slight change in price while quantity demanded for some other products (especially those deemed essential by the consumer) remain constant or just a slight difference even with rapid increase in price.