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allsm [11]
3 years ago
5

Suppose a merchant in a moneyless economy trade has goods for large amount of purple fabric. He intended to use the fabric to tr

ade for other goods in another location. Well he traveled to the other market Place, however, A trade ship arrived with a large shipment of purple fabric. As a result, The merchant was only able to trade his fabric for about half of what he had expected it to be worth in return. This situation illustrates the need for what aspect of the purpose of money?
A. Unit of measure

B. Preservation of value

C. Government endorsement

D. Ease of exchange
Business
2 answers:
spayn [35]3 years ago
4 0

Answer:

Preservation of value.

Explanation:

Money is a medium of exchange that is generally acceptable for transactional purposes.

As seen in the scenario , money may not necessarily be cash as some other items can be used as a medium of exchange in a trade by barter agreement so far the items has the features of money and acceptable.

However , one thing that could be pointed out in the transaction in the scenario is a loss of value of the purple fabrics before the transaction could take place as a result of sudden arrival of a trade ship that caused a surplus in the fabrics , and at the end , it could not achieve as much as was expected.

Therefore the need for the preservation of value of money is necessary and needed

Goshia [24]3 years ago
3 0

Answer:

B) Preservation of value

Explanation:

This means preserving a value, the cost of things at one point and another, you want to preserve that value in order to get the most out of your payment.

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lys-0071 [83]

Answer:

650

Explanation:

A call option is an option to buy a product or asset at a stated price at a later date. The risk of call option is capped at premium for buying the option. Wildwood corporation will incur cost of 650 to establish the bull money spreads with calls.

8.5 +4.5 = 13

13 * $50.00 = $650

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Answer:

B: a service that pays bills without the need of consumer verification

Explanation:

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7 0
2 years ago
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If the federal reserve lowers the federal funds rate, what will happen to bank savings account?
daser333 [38]
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Read the section "The Effect of Price on Number of Suppliers." What support does the reading give for the idea that the music in
uranmaximum [27]

The effect of the demand and supply chain can be seen in the highly volatile nature of the music industry.

Explanation:

The principles are highly accurate for many industries that are given in the article  "The Effect of Price on Number of Suppliers."

This is effectively about the demand and supply chain and one can see how this applies to the people in the music industry who have to deal with these overhauls.

The industry is largely volatile and there are trends that come and go in a couple of years and with them go away whole labels and and artist.

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This one can even see in other business practices.

5 0
3 years ago
A 60-year old customer has a 401(k) account with your firm that has $280,000, mainly invested in growth mutual funds. The custom
pychu [463]

Answer:

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Explanation:

Money market instruments are securities that provide businesses, banks, and the government with large amounts of low-cost capital for a short period of  time, less than a year. Most of the money market instruments such as treasury bills, commercial papers, certificate of deposits etc provide fixed returns so this money market instrument is considered the best for investing money for good profit.

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