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lakkis [162]
3 years ago
14

The makings of a good currency Instead of using money, people could simply barter one good for another. Which of the following i

s true of this type of exchange?
A. It lowers the transaction cost of exchange.
B. It requires a double coincidence of wants.
C. It enables people to get more of the goods they want in exchange for the goods they have.
Business
1 answer:
Vsevolod [243]3 years ago
4 0

Answer: B. It requires a double coincidence of wants.

Explanation:

Barter trading works by exchanging a good or service with another person who then gives you another good or service. For this to work both parties need to want the goods they are exchanging. This is called a ''double coincidence of wants''.

Barter trading cannot happen without it because if for instance you have a good or service that the other party does not want, they will not trade. For instance, you want to trade a cow for building materials but the man selling the building materials wants 3 sheep instead and so will not trade.

It makes this system very inefficient and cumbersome.

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Vaughn Inc. acquired all of the outstanding common stock of Roberts Co. on January 1, 2020, for $276,000. Annual amortization of
frosja888 [35]

Answer:

ΗΘΕ

Explanation:

5 0
3 years ago
Cash flows from investing activities LO P3 Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a
bekas [8.4K]

Answer:

$221,100

Explanation:

Given that,

Book value of equipment = $65,300

Sold at a loss = $14,000

Purchase of a new truck = $89,000

Sale of land = $198,000

Sale of Long term investment = $60,800

Cash flows from investing activities:

= Sale of Equipment - Purchase of a new truck + Sale of land + Sale of Long term investment

= ($65,300 - $14,000) - $89,000 + $198,000 + $60,800

= $51,300 - $89,000 + $198,000 + $60,800

= $221,100

8 0
3 years ago
ROM Corporation had kept all its hiring plans on hold during the last four quarters because the economy was in a state of recess
Vanyuwa [196]

Answer:

D. Computer manufacturers have aggressively started hiring more staff

Explanation:

8 0
3 years ago
It can be referred from the text that ...
Contact [7]

This question is incomplete because the text is missing; here is the missing part:

Text 1

1. Remove the back cover, using a small screwdriver to loosen the screw

2. Remove batteries and replace with two new AAA batteries. use the + and - signs to position correctly. dispose of used batteries properly.

3. Replace the cover and tighten the screw with the screwdriver

4. Reset the time using the side buttons

The GMX 200 is guaranteed to keep time accurately for one full year from date of purchase should it malfunction in any way during this time period, your money will be refunded in full.

The correct answer to this question is C. The users will get full refund if there is malfunction during the guarantee period.

Explanation:

This text provides instructions to change the battery in a GMX 200, which can be inferred it is a clock or similar device. This text explains the different steps users need to follow to change batteries. Moreover, in the last section of the text, it is clarified if there is any failure during the first year, which is the guaranteed time "your money will be refunded in full". According to this, it can be inferred during this time any malfunction implies the user gets a complete refund (option C.)

6 0
3 years ago
Does listening to soothing music help employees concentrate better? A psychologist studied the number of puzzles employees of a
ololo11 [35]

Answer:

Total puzzles solved expected by an employee: 2.61

Explanation:

we multiply each outcome by the probability adn then add them together. Thus, we are doing a weighted-average

0 x 0.06  =      0.00

1 x 0.16    =      0. 16

2 x 0.19   =      0.38

3 x 0.32  =      0.96

4 x 0.24  =      0.96

5 x 0.03  =<u>      0. 15 </u>

Total puzzles  2.61

8 0
3 years ago
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