1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex Ar [27]
3 years ago
13

What must two people who want to trade with each other have in a barter economy?

Business
1 answer:
sergiy2304 [10]3 years ago
4 0

Answer:

Mutual coincidence of wants

Explanation:

For barter to occur between two parties, both parties need to have what the other wants.

Hope this helps

You might be interested in
A toy manufacturer has three different mechanisms (‘alternatives") that can be installed in a doll that it sells. The different
Wittaler [7]

Answer:

The electrical action has the better expected monetary value with 492,000

Explanation:

We will multiply the expected outcome by their probability then, we add them to get the expected monetary value per option:

\left[\begin{array}{ccccc}$WIND-UP&$Return&$Probability&$Weight\\$Light&325000&0.1&32500\\$Morerate&190000&0.3&57000\\$Heavy&170000&0.6&102000\\$Total&&1&191500\\\end{array}\right]

\left[\begin{array}{cccc}$PNEUMATIC&Return&Probability&Weight\\$Light&300000&0.1&30000\\$Morerate&420000&0.3&126000\\$Heavy&400000&0.6&240000\\$Total&&1&396000\\\end{array}\right]

\left[\begin{array}{cccc}$Electrical&Return&Probability&Weight\\$Light&-600000&0.1&-60000\\$Morerate&240000&0.3&72000\\$Heavy&800000&0.6&480000\\$Total&&1&492000\\\end{array}\right]

3 0
3 years ago
Use the graph to answer the question that follows. Graph has quantity along the horizontal axis and price along the vertical axi
Jlenok [28]

The statement that would describe the shift from D1 to D2 is Demand for the product increased.

<h3>Why was there a shift from D1 to D2?</h3>

D2 is a curve that is to the right of D1 which means that it represents a higher level of demand for goods and services.

This means that for the demand to move from D1 to D2, there must have been an increase in the demand for the good or service and this could have been for any number of reasons including a reduction in the price of complimentary goods.

Find out more on determinants of demand at brainly.com/question/1245771

#SPJ1

8 0
1 year ago
The demand for labor curve shows:a. an inverse relationship between the real wage and the amount of laborhired.b. a positive rel
ankoles [38]

Answer:

The correct answer here is d.

Explanation:

Real wage is the nominal wages adjusted for price changes. It reflects the purchasing power earned by the workers.

There will be a direct and positive relationship between real wages and number of workers who are willing to work. This means when there is an increase in the real wages, more workers will be willing to work because they will be earning more. Reverse will be the situation in case of reduced real wages.

4 0
2 years ago
Permanent insurance plans include various options available to the policyowner. What whole life insurance policy options protect
lesantik [10]

Answer:

Non-forfeiture option

Explanation:

Insurance is usually taken to guard against uncertainty of an event in the future. For example if a fire breaks out in an office, insurance can be used to regain an agreed portion of the office value from the insurance company.

It is a way of guarding against risk.

Non-forfeiture option is used to prevent unintentional coverage payment lapse.

This is done with the use of automatic premium loan and grace periods in case of default.

4 0
3 years ago
A financial plan is most influenced by what
Natasha_Volkova [10]

A financial plan is more influenced by economic factors, values, goals and the current scenario.

<h3 /><h3>What is a financial plan?</h3>

It corresponds to a personal or organizational strategy to achieve financial goals through planning for the use of financial resources. Factors that influence financial planning are mastery of finance, social well-being, financial inclusion and financial literacy.

Therefore, financial planning is impacted by environmental and personal circumstances that will affect resource allocation needs to achieve goals and objectives.

Find out more about financial plan here:

brainly.com/question/4701276

#SPJ1

5 0
1 year ago
Other questions:
  • Paulson Company issues 6%, four-year bonds, on January 1 of this year, with a par value of $200,000 and semiannual interest paym
    12·1 answer
  • How are students chosen for work-study programs? first-come, first-served those in the most financial need by qualifying with sp
    8·1 answer
  • Diversification may dissipate value if it is wrongly based on: a. transferring competencies. b. realizing economies of scope. c.
    7·1 answer
  • Keynesians a. advocate for a laissez-faire approach. b. believe that equilibrium may exist at less than full employment.c. belie
    9·1 answer
  • A taxable bond with a coupon rate of 6.00% has a market price of 98.19% of par. The bond matures in 9.00 years ans pays semi-ann
    14·1 answer
  • The slope of the demand for loanable funds curve represents the...
    7·1 answer
  • Which of the following statements characterizes the growth stage of the product life cycle?
    10·1 answer
  • Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 1
    5·1 answer
  • You have established a new business in your neighbourhood
    10·1 answer
  • Funds that are identified for specific work packages and cover risks that have a low probability of occurring are called _______
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!