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kipiarov [429]
3 years ago
12

Give a Brief history from subsistence economy to money economy. Please Help ASAP. Please

Business
1 answer:
Rus_ich [418]3 years ago
5 0

Answer:

Explantation to the following question is as follows;

Explanation:

A subsistence economy frequently engages in artisans fisheries, labor-intensive agriculture, and animal grazing. Handmade, basic tools and traditional procedures are used in each of these undertakings. The absence of excess is another feature of subsistence economies.

Money is an economic entity that serves as a universally accepted means of trade in a transactional economy. Money performs the function of lowering transaction costs, namely the twofold coincidence of desires.

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The multiple choices missing from the question are:

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b. $50,000.

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The recorded cost of the equipment is made of purchase cost,the sales tax since it is not recoverable,shipping cost as well as the installation cost.

The recorded cost is computed thus:

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sales tax              $4,000

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The rationale for including shipping and installation costs is that asset cost should include cost of bringing the asset to current location(shipping) and condition(installation)

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jenyasd209 [6]

The following are topics in macroeconomics:

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The best way to negotiate for an increase in starting salary is to _____. a. try to ask other employees at the company what they
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