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3 years ago

A double coincidence of wants

Business

1 answer:

Lyrx [107]3 years ago

6 0

Answer:

All of the above are correct.

Explanation:

A double coincidence of wants is a situation in which two parties possess items that the other wants, so they can exchange items directly without using money.

It is required in a barter economy or an economy that does not use money or a fixed medium of exchange. Such an economy exchange is good for goods.

Double coincidence of wants has a number of limitations. It reduces the scope for the specialization of goods. It creates problems inefficient allocation of resources. It also more time consuming to find someone who possesses what you need and wants what you have.

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If the economy is at potential output, and the Fed _____ the money supply, in the long run, the price level will likely _____.

serg [7]

Answer:

If the economy is at the potential output and the Fed increases the money supply, in the long run real GDP will likely remain the same.

Explanation:

hoped this helped

4 0

3 years ago

Give the formulas for and plot average fixed cost, AFC, marginal cost, MC, average variable cost, AVC, and average cost, AC,

zloy xaker [14]

Answer:

AFC = $\frac{TFC}{q}$

MC = $\frac{d}{dq}$ TC

AVC = $\frac{TVC}{q}$

AC = $\frac{TC}{q}$

Explanation:

The cost function is given as $C=9+q^{2}$ .

The fixed cost here is 9, it will not be affected by the level of output.

The variable cost is $q^{2}$ .

AFC = $\frac{9}{q}$

MC = $\frac{d}{dq}$ TC

MC = $\frac{d}{dq}$ $C=9+q^{2}$

MC = 2q

AVC = $\frac{TVC}{q}$

AVC = $\frac{q^2}{q}$

AVC = q

AC = $\frac{TC}{q}$

AC = $\frac{[tex]C=9+q^{2}$ }{q}[/tex]

AC = $\frac{9}{q} +q$

3 0

3 years ago

5. What is the purpose of a consumer cooperative?

Neko [114]

I think the answer is d

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3 years ago

A key limitation of balance sheets in financial analysis is that: A) liquidity and solvency ratios require information from othe

tatyana61 [14]

Answer: Option (B) is correct.

Explanation:

The three limitations to balance sheets are as follow:

1.) Assets are being noted or stored at a historical cost,

2.) There is a thorough use of the estimates,

3.) There's also omission of several precious non-monetary assets.

Therefore from the given options, we can state that the key limitation of using a balance sheets under the constraints of financial analysis is that different items in a balance sheet are or may be evaluated differently.

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3 years ago

Match the items according to their impact on aggregate demand (AD).

postnew [5]

Answer:

A recession occurring in a trading partners economy

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3 years ago