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Yuliya22 [10]
4 years ago
5

What is commodity money?

Business
1 answer:
Helen [10]4 years ago
3 0
Commodity money is money that has a value of its own. For example, gold and silver along with other metals was given a value dependant on it's purity and weight along with what gold was worth at the time 
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Macroeconomics deals with all Except which of the following:
Vika [28.1K]

Answer:

B. unique markets

Explanation:

Macroeconomics is concerned with the overall behavior of the economy as a whole.  It studies the performance and decision-making processes of the entire economy. Macroeconomics focuses on the aggregate indicators that affect the entire country, such as inflation, unemployment rate, GDP growth rate, and price levels.

From the list provided, macroeconomics will be concerned with global markets, national unemployment, and worldwide inflation.  Unique markets are specific to a certain product or industry and will be covered by microeconomics.  Microeconomics is the study of how choices made by firms and households affects production and consumption of specific products.

4 0
3 years ago
Which of the following is based on the philosophy that a product's market growth rate and its market share are important conside
quester [9]

Answer:

Market growth/market share matrix (B)

Explanation:

This model was developed by Boston Consulting Group (BCG)  and it used to analysis company products portfolio.

A company is expected to have a balanced portfolio which comprises of problem child ( low market share and high market growth), Star (High market share and high market growth), Cash cow (high market share and low market growth) and dog (low market share and low market growth).

Understanding of the market-growth and market-share position of each product in the company portfolio will guide in designing the right marketing strategy.

8 0
3 years ago
Assume an analyst has been hired to estimate the price elasticity of demand for hamburger (which sells for about $2.30 per pound
Pepsi [2]

Answer:

The correct answer is B

Explanation:

Price elasticity of the demand evaluates the demand responsiveness after the change or variation in the product own price.

The formula for computing the coefficient of price elasticity, is the factors which affect the elasticity and also elasticity is vital for business when deciding the prices.

So, Filet mignon(F) sells for $20 per pound when compared to that of hamburger (H) which sells the product for $2.30 per pound. F have the higher price as compare to the H, therefore, the coefficient of the price elasticity of demand in absolute value will be high or larger for F than that of H.

6 0
3 years ago
Owen is an employee of Paving Inc., which is performing a contract for the federal government. Owen learns that Paving is overch
Aleonysh [2.5K]

Answer:

The answer to this question is Option C. an exception based on public policy.

Explanation:

An employment at will is a doctrine that  means that an employee can leave a job whenever they want for any reason, and employers can terminate an employee for any reason without notice or cause. The intent of the at will employment doctrine is to prevent wrongful termination and employment lawsuits between employees and employers.

In the scenario cited above, Owen is protected by an exception based on public policy. This exception comes into play in situations  anti-discrimination employment laws. You can’t fire someone because of their gender, race, ethnicity, sexual orientation, age, disability status, or other legal characteristics

3 0
4 years ago
Joe is currently in consumer equilibrium by consuming cheese and crackers, such that the last cracker consumed yielded 8 utils a
maxonik [38]

Answer:

e. decrease; increase; increase; decrease

7 0
4 years ago
Read 2 more answers
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