All categories

3 years ago

Select all that apply.

2 answers:

3 0

Money is anything that people are willing to accept to use for payment for goods and services.The purpose of money can be described as follows:
store of value - money is a way of saving for future purchases
unit of account - money represents the real value (or cost) of any economic item.
medium of exchange- Money serves as a medium of exchange.

Tpy6a [65]3 years ago

3 0

store of value

unit of account

medium of exchange

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There are many buyers and many sellers in all types of markets.

<h3>What leads to perfect competition?</h3>

Firms are known to be in perfect competition due to;

When many firms produce identical products.
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an improvement in the education level of the work force of a nation

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Answer:

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