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
hoa [83]
2 years ago
15

Money facilitates trade because: Group of answer choices it serves as a medium of exchange. it eliminates the need for specializ

ation. it is considered less valuable than the goods it is used to buy. the division of labor allows goods to be produced at a lower cost. it prevents people from taking advantage of each other.
Business
1 answer:
gogolik [260]2 years ago
7 0

Answer:

It serves as a medium of exchange.

Explanation:

It serves as a medium of exchange is the correct answer because in the trade money plays an important role and it makes the trading very easy as compared to barter system where a person has to find the other person who is in the need of same commodity through which the other person wants to exchange. Moreover, the use of money as a medium of exchange eliminated all the problems that were in the barter system.

You might be interested in
The __________ hand is the metaphor used to refer to market coordination, whereas the __________ hand is the metaphor used to re
RSB [31]

Answer:

are there options? if so can you tell me

5 0
3 years ago
Which of the following is not a positive of having a large trade​ deficit? A. A large trade deficit can signal the positive expe
krok68 [10]
The answer for this one is B
3 0
3 years ago
NEED HELP ASAP!!
Virty [35]
The answer for this statement is TRUE
3 0
2 years ago
Read 2 more answers
Why are certain crime losses, such as the theft of furs and jewelry, a more difficult exposure to insure than fire loss?
a_sh-v [17]

Answer:

It is very simple, if your house burns down, the evidence is there. All you need to do it look at a house that burnt down either completely or partially, but its easy to verify.

On the other hand, if you report that a necklace was stolen, it is really difficult to verify. Unless it is a unique jewel that is worth a ton of money, you could have simply given it away as a gift and then report it as stolen. The opportunities for insurance fraud are many when dealing with jewelry or other valuable objects that can be moved around easily.

The second question about different grants of authority refer to the organizational structure of a company. E.g. a salesperson in Best Buy is able to sell any item or items to regular customers. But sometimes a large order comes and the company must decide whether to discount the price or not, and then management kicks in and decides. The same happens to insurance agents. A company decides that some agents deal with policies that involve X amount of risk. If the level of risk is higher, they must work with other agents that are authorized to deal with high risk policies. It is basically a clearance level where employees are authorized up to this amount, and above that amount, other employees must be involved.

5 0
2 years ago
After a customer has purchased a refrigerator, he was offered free delivery, installation, financing, and warranty. this is know
Leni [432]

After a customer has purchased a refrigerator, he is offered free delivery, installation, financing, and warranty, this is known as the “Augmented Product”.

<h3>What is an Augmented product?</h3>

An augmented product contains extra features or services added by its seller to distinguish it from comparable goods offered by rival businesses. A product can be improved by including additional, non-physically present features or advantages.

Free delivery and in-home service installation are two aspects that are used to build better items. Cosmetics businesses routinely offer free makeovers and travel-size samples to market their goods.

<h3>What is a product?</h3>

A product is an item that can be offered for sale.

<h3>Who is the customer?</h3>

A customer buys the product to consume.

To know more about Augmented Product visit:

brainly.com/question/28017400

#SPJ4

3 0
1 year ago
Other questions:
  • The pier import store has cash of $34,600 and accounts receivable of $54,200. the inventory cost $92,300 and can be sold today f
    11·1 answer
  • Beyonce, taylor swift, and miley cyrus make commercials that encourage people to drink milk. these ads contain _____ . trade-off
    7·2 answers
  • U.i designs is an all equity firm that has 40000 shares of stock outstanding. the company has decided to borrow $1 million to bu
    6·1 answer
  • An investor owns $3,000 of Adobe Systems stock, $6,000 of Dow Chemical, and $7,000 of Office Depot. What are the portfolio weigh
    10·1 answer
  • Zack enters into a contract to buy Olivia’s home. Per the terms of the contract, Zack must put down a $10,000 earnest money depo
    8·1 answer
  • Emily works in the stockroom at a retail store for $10/hour on Saturdays. The store is within near walking distance of her home.
    6·1 answer
  • Suppose that the demand for my new book, Spatulas From Around the World, is such that the demand curve lies everywhere below the
    8·1 answer
  • This is a receipt for a purchase made at a restaurant in
    5·2 answers
  • What is the difference between division of labour and specialisation?
    13·1 answer
  • A retirement account in which investments are not tax-deferred but can be
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!