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hoa [83]
3 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]3 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.

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Tim and Sandy have a ten-year-old daughter. During the current year, they spent $2,000 on childcare expenses at a daycare center
konstantin123 [22]

Answer:

$3000

Explanation:

In the United states, eligible child care expenses per dependent are limited to $3000. Since Tim and Sandy have only One 10 year old daughter which fall under the age 13 bracket for dependents gives them a maximum limits of $3000. It is important to note that of a couple has two or more child (dependents) they are eligible to $6000. A relative who is a care giver qualifies if expenses are paid to the relative on conditions that the relative isn't a dependent non child of the couple.

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4 years ago
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Holly deposited $7,000 in a CD and will get charged penalties if she makes withdrawals within five years. However, she will need
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First, Holly should have investigated and planned how, when and where to put her money. after planning and investigating she should develop the right attitude in saving and investing.
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A low-risk investment might have a high price if
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It guarantees profits, the risk is reduced but the barrier to entry is higher in the form of a high price.

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4 years ago
Marsden Company has three departments occupying the following amount of floor space: Department 1 15,000 sq. ft. Department 2 10
PolarNik [594]

Answer:

the store rent that should be allocated in department 3 is $100000

Explanation:

if we assume that we charge the rent per square feet occupied, then we can say

department rent = charge per square feet* number of square feets

r = k*sf

also if

total rent = rent department 1 + rent department 2  + rent department 3

r total = r1 + r2 + r3 = k*sf1 + k*sf2 + k*sf3 = k*( sf1 + sf2 + sf3)

k= r total / ( sf1 + sf2 + sf3)

replacing values

k = $200000/(15000 sq.ft + 10000 sq.ft +25000 sq.ft ) = $ 4 per sq.ft

thus for department 3

r3 = k* sf3= $ 4 per sq.ft * 25000 sq.ft = $100000

rent department 3 = $100000

8 0
3 years ago
Whenever there is a shortage at a particular price, the quantity sold at that price will equal: the quantity demanded at that pr
Marat540 [252]

Answer: C. the quantity supplied at that price.

Explanation:

A shortage for a good occurs when the current market price is less than the equilibrium price. So, whenever there is a shortage at a particular price the quantity sold at that price will be less than the quantity demanded. The amount of shortage is equal to quantity demanded minus quantity supplies. And the quantity sold is equal to the quantity supplied at that price.

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