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Trava [24]
3 years ago
10

Which of the following is an example of representative money?

Business
2 answers:
Leto [7]3 years ago
5 0
"Representative money<span> is an item such as a token or piece of paper that has no intrinsic value but can be exchanged on demand for a commodity that does have intrinsic value, such as gold, silver, copper, and even tobacco" Google.

</span>C) A check. 

djverab [1.8K]3 years ago
3 0

C is the correct answer

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Belinda has found a business opportunity she believes will be​ successful, but there are already a couple companies in that mark
Pavel [41]

Answer: Option D              

Explanation: Competitive advantage refers to situation when an organisation gets favorable advantage in the market over its competitors.

   In the given case, Belinda is trying to establish business in the industry which already has heavy competition. Therefore, if she wants to establish a customer base, she must need some competitive advantage so that she can operate with low profits initially.

Hence from the above we can conclude that the correct option is D.  

6 0
3 years ago
The economic principle of ______ says that when there are two houses in the same neighborhood with the same size, appeal, and ut
Rina8888 [55]

The economic principle of substitution says that when there are two houses in the same neighborhood with the same size, appeal, and utility, the lower-priced one will tend to sell first.

<h3>The economic principle of substitution</h3>
  • According to the principle of substitution, the cost of purchasing a substitute that is just as desired tends to establish the upper limit of value, assuming no inopportune delays.
  • A shrewd investor would not spend more on an asset that generates income than it would cost to construct or buy an asset of a similar nature.
  • According to this theory, the cost of acquiring a comparable substitute property with the same use, design, and revenue determine the maximum value of a property in most cases.
  • For instance, why would somebody pay $1,000,000 for a home when they could pay $750,000 for a different but as appealing home in the same neighborhood?

To learn more about the economic principle of substitution refer to:

brainly.com/question/9659517

#SPJ4

4 0
2 years ago
If the ratio of currency to deposits (cr) increases, while the ratio of reserves to deposits (rr) is constant and the monetary b
blagie [28]

Answer:

C. the money supply decreases.

8 0
3 years ago
Which of the following is true of both paying with a check and paying with a debit card?
Dmitry_Shevchenko [17]
C) When used, both take money directly out of a bank account.


You're Correct!, Good job (:
4 0
3 years ago
When the price of hot dogs decreases, what happens in the market for the complementary good of hot dog buns?.
NikAS [45]
I’m pretty sure it’s that the market for complementary goods increase
7 0
1 year ago
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