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stiv31 [10]
3 years ago
11

The primary benefit of a monetary system of exchange compared to a barter system is the increased

Business
2 answers:
AleksandrR [38]3 years ago
5 0

Answer:

d. efficiency in arranging transactions.

Explanation:

  • The primary goal of the monetary system to that of the barter system is that it's more efficient in maintaining the transparency and is efficient in the transactions with its partners. Thus is better and is more reliable than the old system of exchange.
Bad White [126]3 years ago
3 0

Answer:

D. Efficiency in arranging transactions.

Explanation:

in a barter system, it is difficult to determine how much something would cost. If I am raising corn and you are raising cabbage, how much corn equals one head of cabbage? It is difficult to come to fair trade terms. With a monetary system, it is much easier to set a price and make a trade because everyone is using a common trading instrument.

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Managers need to pay attention to dealing with uncertain and competitive conditions. This is part of the mission and vision statements and has to do also with types of planning. The strategic planning includes long term decisions about the overall direction of the company. Conditions can change rapidly and managers must be aware of that . 
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Starbucks traditionally has relied on a franchising model to expand internationally. But when it came to India, the coffee chain
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joint venture

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Read 2 more answers
Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the
Sonbull [250]

Answer:

Mean = 47

Median = 47.38

Standard Deviation = 12.73

Explanation:

Note: You wrote " 40 manufacturing companies, but the total number of companies you actually listed is 75, definitely you meant 75.

Let y represent the range of advertising expenditure, f represent the number of companies, x represent the midpoint of the range of advertising expenditure.

y                                       f                      x                  fx                    fx²

$20 to under $30            9                     25               225               5625

$30 to under $40            13                    35               455               15925

$40 to under $50            21                    45               945              42525

$50 to under $60            18                    55               990              54450

$60 to under $70            14                     65               910               59150

                                       n = 75                           \sum fx = 3525      

\sum fx^2 = 177675

Mean, \bar{X} = \frac{\sum fx}{n}

\bar{X} = \frac{3525}{75} \\\bar{X} = 47

Standard Deviation:

SD = \sqrt{\frac{n \sum fx^2 - (\sum fx)^2}{n(n-1)} } \\SD = \sqrt{\frac{(75*177675) - (3525)^2}{75(75-1)} }\\SD = 12.73

Median:

Get the cumulative frequencies(cf)

         y                                        f                                cf

$20 to under $30                     9                                9

$30 to under $40                     13                               22

$40 to under $50                     21                               43

$50 to under $60                     18                               61

$60 to under $70                      14                              75

                                                N = 75

Median = Size of (N/2)th item

Median = Size of (75/2)th item

Median = Size of (37.5)th item

The median class = 40 to under 50

Lower limit, L₁ = 40

Cumulative frequency, cf = 22

f = 21

Class Width, h = 10

Median = L_1 + \frac{ (N/2) - cf}{f} * h\\

Median = 40 + \frac{ (75/2) - 22}{21} * 10\\

Median = 47.38

8 0
4 years ago
In a perfectly competitive market, the process of entry and exit will end when (i) accounting profits are zero. (ii) economic pr
Viktor [21]

Answer:

Answer is: ( ii ) and ( iv ) only.

Explanation:

In a perfectly competitive market , the process of entry and exit will end when the price equals minimum average total cost, resulting to zero economic profits at this point.

<em>Please note that the labeling of your options are not too clear, so pick the option that my answer correlates with. </em>

7 0
4 years ago
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