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
Leya [2.2K]
3 years ago
12

1.the biggest problem when using metals or cowry shells for trading is____

Business
2 answers:
ozzi3 years ago
4 0

I believe the answer is:

1.B.large amount becomes very heavy to carry around

This mean that for making a large purchase, the buyers need to provide additional cost for transportation (providing the space needed to carry the metal to the sellers). This make it easier for that money to be stolen/robbed by bandits in the middle of the journey.

2.B no longer used by many countries

Gold standard refers to a monetary system that is based on a fixed quantity of gold. If the amount of gold held by a country is high, the strength of that country's currency would increase over other country's currency.  This system is ineffecient since a country's wealth could also be measured by other resources beside gold.


3.D.they are the same weight and same metal

When we use metal as exchange basis, the value of the coin would be determined by the rarity of the metal and quantitative amount of metal. The rarity usually correlated with the type of the metal (such as gold would be more expensive than iron), and the quantitative amount could be more accurately measured through weight.

4. A 2oz

The trading value is determined by many factors in the gold market, and the amount of weight could be obtained by conducting a simple division.

Currently, gold is traded at $ 800 / Oz

If your current coint had the worth/value of $ 1600 ,

Then the weight of your coul would be :

1600 / 800    

= 2 Oz

Usimov [2.4K]3 years ago
3 0
Number 1 should be B.
You might be interested in
The work and/or assignments performed by employees are referred to as skills.<br><br> True<br> False
jeka94

I'd say that the answer is true

7 0
3 years ago
Read 2 more answers
How do I surprise my mom with a special guest and get her to make extra dinner for them so that they can eat with us to without
umka21 [38]

Answer:

tell her to make extra!

Explanation:

you can use excuses such as wanting to pack leftovers for a meal the next day, or saying you're extra hungry

6 0
3 years ago
Nichols Enterprises has an investment in 250 bonds of Elliott Electronics that Nichols accounts for as a security available for
sweet [91]

Answer:

The value per bond must be $1000

Explanation:

The reason is that the short term investments must be valued at current fair market value which is $1000 per bond today so the perceived value of the unit bond which is $1200 per bond is irrelevant here.

The amount recorded = Number of bonds * Current market value

The amount recorded = 250 * $1000 = $250,000

3 0
2 years ago
A French cooperative called Sodima allows General Mills to sell Yoplait in the United States in return for a fee, a global marke
Alex73 [517]

Answer:

The answer is 4. licensing

Explanation:

Licensing is a agreement in which a business allows a foreign firm to produce its goods or services or use its brand or design or use it patent for a fee. It is a marketing strategy.

In this question, Sodima(a French company) produces Yoplait. Sodima allows General Mills(in United States) to sell its Yoplait in the United States for a fee.

It is known as licensing.

3 0
3 years ago
Who creates and influence the culture of an organization
Svetradugi [14.3K]

Answer: Business Leaders

Explanation:

Business leaders are vital to the creation and communication of their workplace culture. However, the relationship between leadership and culture is not one-sided. While leaders are the principal architects of culture, an established culture influences what kind of leadership is possible (Schein, 2010).

8 0
2 years ago
Other questions:
  • Suppose that a sample of 200 accounts receivable entries at a large mail-order firm had a mean price of $846.20 and a standard d
    13·1 answer
  • Feldpausch Corporation has provided the following data from its activity-based costing system: Activity Cost PoolTotal CostTotal
    8·1 answer
  • How does a Fire Prevention Plan benefit your workplace? Select the 2 answer options that apply. It’s less likely that a fire wil
    15·2 answers
  • Ruiz Co. provides the following unit sales forecast for the next three months: January February March Sales units 3,000 4,200 5,
    11·2 answers
  • _____ is the marketing of goods and services to individuals and organizations for purposes other than personal consumption.
    14·2 answers
  • _____ in downtown Washington, DC, is home to the headquarters of many lobbying firms and interest groups and is synonymous with
    11·1 answer
  • Following types of businesses are devoted to carrying out marketing activities
    8·1 answer
  • The use of planning techniques is an example of
    7·1 answer
  • Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $70. Limit Buy
    9·1 answer
  • The production manager of Rordan Corporation has submitted the following forecast of units to be produced by quarter for the upc
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!