Answer:
D. the necessity in a barter system of each trading partner wanting what the other has to trade.
Explanation:
Double confidence of wants was one of the shortcomings of the barter system.
For example, if someone wants corn and has yam. He has to find someone that wants yam and has corn to trade in order for a trade to occur.
The introduction of money solved this problem.
I hope my answer helps you
<span>10 kg of nuts
20 kg of cereal
I am going to assume that there's a typo in the question. There is no possible combination of two items where one costs $2.50/kg and the other costs $11.00/kg where the result is worth $1.50/kg. But if the cereal actually costs $1/kg, then there is a solution. That is the solution I'll show.
N = amount of nuts
(30-N) = amount of cereal
The overall equation is
2.50N + 1.00(30-N) = 30*1.50
Now solve for N. First distribute the 1
2.50N + 30 - N = 30*1.50
2.5N + 30 - N = 45
1.5N + 30 = 45
1.5N = 15
N = 10
So you need 10 kg of nuts and 30-10 = 20 kg of cereal.
Let's verify the results
10*2.50 + 20 * 1.00 = 25.00 + 20.00 = $45.00
$45.00 / 30 kg = $1.50/kg</span>
Answer:
a.) The proportional up movement , u, for the currency can be calculated using the following formula:
u = eStd Dev * Square root of t
u = e0.06*square root of 0.25
u = 1.0305
b.) Probability of up movement, p , = (a - d) / (u - d)
where a = ert where r = 0.025, t = 0.25
a = e0.025*0.25 = 1.0063
d = 1 / u = 1 / 1.3050 = 0.7663
p = (1.0063-0.7663) / (1.3050-0.7663)
p = 0.46
1-p = 1-0.46 = 0.54
c) Price of an American Call Option on the currency : we use binomial tree for that , as follows: The amounts below line indicate the option price and figures above line indicate the underlying asset price which is 0.55555
It is true that by the second decade of the 21st century, most organizations were devoting less and less time and attention to corporate ethics.
<h3> Corporate Ethics</h3>
Business ethics (also known as Corporate Ethics) is a state of applied ethics or experienced ethics, that explores ethical principles and moral or ethical concerns that can arise in a enterprise environment. It spreads to all aspects of business conduct and is applicable to the conduct of individuals and entire associations.
<h3>What are the type business ethics?</h3>
(i) Politics without Principles
(ii) Wealth without Work
(iii) Commerce without Morality
(iv) Knowledge without Character
(v) Pleasure without Conscience
(vi) Science without Humanity
(vii) Worship without Sacrifice.
To learn more about business ethics visit the link
brainly.com/question/27824491
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