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Grace [21]
3 years ago
10

In a barter system, a baker is MOST LIKELY to A) earn money from creating bread. B) buy wheat from a farmer. C) sell bread to a

farmer. Eliminate D) trade bread for wheat.
Business
2 answers:
Alex787 [66]3 years ago
5 0

The correct answer is D. Trade bread for wheat

Explanation:

A barter system refers to a basic trade system in which one product or service is exchanged or traded for another. This differs from other systems because there is no money involved. Additionally, in a barter system, individuals trade products they produce to obtain those they cannot produce.

This implies, in the case of a baker it is likely he trades bread for wheat because in a barter system there is no money involved, and also the baker can trade bread for wheat as he needs wheat to produce bread, and bread is a product he produces in large amounts.

Archy [21]3 years ago
3 0

Barter means exchange since there was no currency back then so the answer  would be D.

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2 years ago
Midpark Co.purchased a 30% interest in Cycling Pros, Inc. on December 31, 2020 for $1,000,000. On that date, Cycling Pros' net a
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the total goodwill resulting from this operation = $1,333,333

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3 0
3 years ago
A fruit packing plant usually shuts down for three months each year. during that period, what happens to its costs? its fixed co
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During the three-month period, the plant is not able to produce anything because it shut down. Hence, its variable cost is equal to zero, however, during this period, the fixed cost is still greater than zero because of the process that needs to be done in order to ensure that once the plant is restarted. 

For the reason stated above, the most likely answer to this item is the first choice. 
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3 years ago
Seven years ago, you paid $324,800 to purchase a rental house. the maintenance expenses average $200 a month and property taxes
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The value that would be assigned to this house if you decide to use it as your office would be $ 425300

<h3>How to solve for the value of the house using opportunity cost</h3>

To get the value of the house, you have to get the opportunity cost of the house. This is the foregone alternative or benefits forgone due to another choice.

The formula is opportunity cost = Apprised Value - Selling costs

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$439,500 - $14,200

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Hence the value that should be assigned to it is $ 425300

Read more on opportunity cost here:

brainly.com/question/1549591

#SPJ4

3 0
2 years ago
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