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
erastovalidia [21]
3 years ago
6

Money facilitates trade because: the division of labor allows goods to be produced at a lower cost. it serves as a medium of exc

hange. it prevents people from taking advantage of each other. it eliminates the need for specialization. it is considered less valuable than the goods it is used to buy.
Business
1 answer:
Sergeeva-Olga [200]3 years ago
5 0

Answer:

it serves as a medium of exchange

Explanation:

<em>Money facilitates trades because it serves as a medium of exchange.</em>

<u>Trade generally involves the exchange of goods/services for another goods/services or money. The exchange of goods/services for another goods/services is termed trade by barter.</u>

Generally, all over the world, money is recognized as a medium of exchange. Each good/service can easily be evaluated in terms of money and the amount is exchanged during trading.

You might be interested in
Which of the following statements is correct? ACars typically lose the most value in the first year after purchase. BHouses will
VashaNatasha [74]

I believe the answer is: A. Cars typically lose the most value in the first year after purchase

As the miles usage in cars increase, the quality of the machine tend to deteriorate, which would lead to the decrease in the cars' value. On top of that, the new model that given by car companies tend to possess better technology/design. On average, cars tend to lose 15 - 25 % in value during the first year.

7 0
3 years ago
Read 2 more answers
Electronic audio and video devices are never used by terrorists for surveillance purposes. true or false
hammer [34]

The answer would be false. Since they are terrorists, they would likely scheme and plot in ways where they won’t get caught so it is likely that they will use devices in monitoring their surroundings in a way of helping them carry out their plans, devices they use may be electronic audio and video devices which could be seen in the statement above.

5 0
2 years ago
Chik’s Chickens has accounts receivable of $6,333. Sales for the year were $9,800. What is its average collection period?
MAXImum [283]

Answer:

The answer is 235 days

Explanation:

Average collection period can also be called Days' outstanding period. And it is the number of days it takes a business to collect its money or receivables from the goods or services sold on credit.

Days' reveivables period or Average collection period = 365 days / reveivables turnover.

Receivables turnover = Sales/ average receivable

$9,800/$6,333

= 1.55

Average collection period=

365 days/1.55

=235 days

6 0
2 years ago
Which one is the biggest part of your budget fixed or variable cost
VLD [36.1K]
It depends but variable costs are usually associated with unit production like ingredients or materials so fixed costs like capital expenditure might be the larger part of a budget
3 0
3 years ago
Marginal cost is defined as the change in ________ cost when output changes by one unit. In the short run
salantis [7]

Answer:

Marginal cost is defined as the change in <u>total </u>cost when output changes by one unit in the short run.

Explanation:

<em>Marginal cost is defined as the change in total cost when output changes by one unit. In the short run.</em>

<em>It is the amount by total cost will increase as a result of producing additional one more unit of a product.</em>

6 0
2 years ago
Read 2 more answers
Other questions:
  • Dipboye's model of interviewer decision making implies which of the following? a. The interviewer controls what information is p
    14·1 answer
  • Changes in any sector of the general environment ____.
    5·1 answer
  • How long does it take for dachshunds to be full grown?
    7·1 answer
  • When Breyers sells Oreo Cookies and Cream ice cream, Breyers purchases ground Oreo cookies for inclusion in the ice cream and pr
    8·2 answers
  • Joe decides that he will contribute $5,000 a year to his 401(k) plan when he starts saving for retirement. What is the best acti
    9·1 answer
  • On June ​1, 2018​, High Performance Cell Phones sold $ 25 comma 000 of merchandise to Ackerman Trucking Company on account. Acke
    5·1 answer
  • Assume the firms operating in an oligopolistic market experience a relatively small change in marginal costs. According to the k
    14·1 answer
  • The dividend yield is: multiple choice annual cash dividends per share divided by market value per share. annual cash dividends
    9·1 answer
  • Appalachian Ski Shop signs a three-month note payable to help finance increases in inventory for the winter ski season. The note
    9·1 answer
  • Kyle liked to think he could program anything digital. He created a new video game, and a major industry firm wanted to buy it f
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!