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
Verdich [7]
4 years ago
8

The primary difference between commodity money and fiat money is that

Business
1 answer:
STatiana [176]4 years ago
4 0

Answer:

Commodity money has intrinsic value whereas the fiat money does not have intrinsic value

Explanation:

Commodity market is the market which have the virtual or physical market place for trading, buying and selling of primary or raw materials. Presently, about 50 major commodity markets worldwide. And this market has intrinsic value, which means that the commodity has value though not used as money.

Fiat money is the currency created as money, usually through government regulation, and has no intrinsic value.

Therefore, the primary value is that the commodity market has intrinsic values whereas the fiat currency does not have.

You might be interested in
What can cause the market supply curve for wireless ear buds to shift leftward (a decrease in supply)?
Nostrana [21]

An increase in the price of the plastic used to make the wireless earbuds can make the supply curve to shift left.

<h3>What is the supply curve?</h3>

This is the curve that is used to tell us of the amount of goods that the producers would be able to make available for the market at a given price.

This is shown in the fact that the increase in the raw materials for production may cause the production to fall. Hence the produces would have less to supply for the market. Therefore, an increase in the price of the plastic used to make the wireless earbuds can make the supply curve to shift left.

Read more on market supply curve here: brainly.com/question/26430220

#SPJ1

4 0
1 year ago
Select all that apply. Which roles come through choices? husband or wife son or daughter sibling mother or father peacemaker or
3241004551 [841]
The roles that come through choice are husband, wife, peacemaker, and confidant. 
5 0
3 years ago
Read 2 more answers
According to a recent survey conducted by Bain &amp; Company, which management tool or technique is most popular in global organ
marysya [2.9K]

Answer:

Customer relationship management

Explanation:

Customer relationship management refers to managing the relation with the customer by providing them an excellent quantity of products and services which are to be unique so that it became easy for attract the customer also the firm could gain the competitive advantage.

In the recent survey, it is mentioned that 67% of executives said that the customers are not loyal to their brand also with the help of the internet, it became easy for the customers and the future customers to make the comparision with regard to the prices that enables the firm to increase the price at the same time the firm also balance the market share

So the customer relationship management is the answer

3 0
4 years ago
Producers are able to produce more of a good and to make more profit from
Butoxors [25]

Answer:

high production costs

5 0
3 years ago
By definition, empirical probability is equal to:
lidiya [134]

By definition, empirical probability is equal to C. Number of successful trials/Total number of trials.

<h3>What is an empirical probability?</h3>

It should be noted that empirical probability simply means a experimental probability that is based on historical data.

In this case, by definition, empirical probability is equal to the number of successful trials divided by the total number of trials.

Learn more about empirical probability on:

brainly.com/question/16972278

#SPJ1

7 0
2 years ago
Other questions:
  • The amended Telemarketing and Consumer Fraud Abuse Protection Act of 1994 states:
    15·2 answers
  • Item I51 is used in one of Policy Corporation's products. The company makes 18,000 units of this Item each year. The company's A
    13·2 answers
  • Your coworker makes a comment about a blouse you are wearing. The comment makes you very uncomfortable. This is an example of:
    11·1 answer
  • An accounting clerk for Chesner Co. prepared the following bank reconciliation:
    9·1 answer
  • Politicians can gain added support for themselves by approving what?
    13·2 answers
  • It costs ​$34,000 to retrofit the gasoline pumps at a certain filling station so the pumps can dispense E85 fuel​ (85% ethanol a
    9·1 answer
  • When managers organize divisions based solely on the type of customer they focus on, they adopt a _____?
    6·1 answer
  • According to the specifications that a customer gave to a manufacturer, the length of a shoe should not deviate from the correct
    6·1 answer
  • Suppose the initial inflation rate and inflation target are both 2%, that the real federal funds rate is 2%, and that the econom
    5·1 answer
  • Please hurry!!!!!Which of the following is not a method used by careful consumers?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!