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padilas [110]
3 years ago
5

A baseball fan with a Mike Trout baseball card wants to trade it for a Giancarlo Stanton baseball​ card, but everyone the fan kn

ows who has a Stanton card​ doesn't want a Trout card. Economists characterize this problem as a failure of the___________.
A. principle of a double coincidence of wants.
B. theory of comparative advantage.
C. irrational exuberance doctrine.
D. market clearing mechanism
Business
1 answer:
weeeeeb [17]3 years ago
3 0

Answer:

The correct answer is option A.

Explanation:

The double coincidence of wants or coincidence of wants refers to the situation where two parties possess items that the other one wants so they exchange it directly without using money.  

Here, a fan possesses a Mike Trout baseball card who wants to trade it for a Giancarlo Stanton baseball​ card but he does not know anyone who wants a Trout card and possesses a Stanton card.  

Simply put, the fan doesn't know anyone who possesses the item he wants and is willing to trade it for the item he possesses. This is an example of failure in the double coincidence of wants.

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Answer:

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This strategy first aimed to identify the problem and then reduce the cause. Thus, managing stress is a crucial step in this strategy by reducing negative thoughts or emotions.

8 0
4 years ago
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€6 million

Explanation:

As we know that

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4 0
3 years ago
if demand for overnight funds in the graph should increase by $50 billion at each and every point on the demand curve, but the f
krek1111 [17]

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if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.Franklin reviews financial data of a company to ensure accurate and complete information. Which job title does he most likely have?

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1 year ago
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Marta_Voda [28]

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4 0
3 years ago
A warehouse manager who is placing an order for maintenance supplies for delivery vehicles would be making a programmed decision
liubo4ka [24]

Answer:

The Answer is False.

<u>The Ware house manager  who is placing an order for maintenance supplies for delivery vehicles would be making a non-Programmed decision</u>

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<u></u>

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