Business, 19.01.2021 19:50 karen4764

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

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Answer from: huldalizvega98

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.

Answer from: Quest

My first question is what benefits do you expect to achieve from career exploration? the benefits that i expect to achieve from career exploration. for me i think the benefits of exploring many different careers are that you get exposed to more, so it's easier for you to pick which one you like best. another benefit is that you get a more first hand view of what jobs are more likely to be needed in the future and that can be factored into your consideration. my second question is what do you expect to be the most challenging parts of your career planning process? why? the most challenging parts of my career planning process is trying to get things in order and trying to write this paragraph it is confusing and, hard work. and last but not least my third question is i think the most challenging part is taking the first step and really deciding on a career you want to pursue; there are so many options and it can be hard to choose.which jobs will allow me to make a living? ; what skills does emergency medical technician emergency medical services medical » physiology require?

Answer from: Quest

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