Which of the following is not one of the criteria for a commodity to be a suitable medium of exchange? Select one: a. it should be durable b. it should have a standardised quantity c. it should be divisible d. it should not have other uses

Q: Which of the following statements about close buyer-seller relationships in business markets is…

A: Exchange refers to the activity of give an take. It includes a buyer giving money to the seller in…

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A: exchange efficiency also called pareto efficiency is  about how to make something better by making…

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A: In the commodity market, when firms want to make a long-term contract with the suppliers or to make…

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A: Khalifa or Khalifah is a name or title which signifies "replacement", "ruler" or "pioneer". It most…

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A: The analysis of Porter’s Five Forces is a framework which in turn helps in analyzing of the level of…

Q: discovery" is the process by which market prices move towards fundamental prices. For price…

A: Price discovery is the consequence of the connection among venders and purchasers, or as such, among…

Q: Vertical integration involves deciding whether to "make or buy." Group of answer choices   True…

A: When faced with the decision of making or buying a product, a make-or-buy decision must be made. A…

Q: In the contract of sale of goods, the goods supplied must be reasonably fit for the purpose for…

A: A contract of sale of goods is refer to the seller who can transfer or agrees at the time of the…

Q: In 2013, Cher sold her Malibu Mansion for $45 million (Links to an external site.). It was…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: In “An Inquiry into the Nature and Causes of the Wealth of Nations” published in 1776, Adam Smith…

A: Adam Smith noted that though humans cannot live without water but can live without diamonds but…

Q: Can the exchange of personal-use property qualify as a like-kind exchange? Why or why not?

A: A like-kind exchange is a form of transaction that allows for the give up of an asset and the…

Q: Consider the gold standard topic and consider that this time new gold mines are found and gold is…

A: The initial price of 1 ounce of gold equals 15.5 Ounce silver in the foreign market. While the new…

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A: Economics as a subject is used to study and plan the allocation of scarce resources among humans…

Q: Economics Price discovery" is the process by which market prices move towards fundamental prices.…

A: We are going to answer this question using a support from Efficient market hypothesis.

Q: CHOOSE THE CORRECT ANSWER, NO FURTHER EXPLANATION IS NEEDED  Freeconomics refers to: A) The fact…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: In Capital Marx begins his analysis by pointing out that the wealth of societies in which the…

A: Karl Marx was a German philosopher, economist, historian and revolutionary. He is known for his…

Q: Discuss the pricing formula of a future contract on an investment asset that provides no income. How…

A: The Future price of the contract on an investment asset that would not provide any Income. F = SoerT…

Q: after Cambridge dictionary the particular way in which a person or group thinks about something…

A: Mentality Noun [ Usually singular]  A person's particular way of thinking about things:  I can't…

Q: For each program listed below, discuss what markets failures might be (or are) used as a partial…

A: "Since you have asked multiple parts, we will answer only first three parts for you. If you have any…

Q: Farmer Jones and Farmer MacDonald graze their cattle on the same field. If there are 20 cows grazing…

A:

Q: markets are quintessential examples of perfectly competitive markets. determine how financial…

A: Financial markets are ones where there is trade of foreign assets, government securities/bonds,…

Q: Examples of this market from uae or Gcc countries :  1- competitive market: 2-monopoly :…

A: A market is a place where the buyers and sellers interact with each other and the exchange of goods…

Q: The high transaction costs associated with a barter system refers to: a. The fact that, often times,…

A: Because of the need for a double coincidence of preferences, the barter method has higher exchange…

Q: Retailers O Buy large volumes of products and sell them individually to consumers O Buy large…

A: Depending upon the quantity of goods and services bought and the market where the product will be…

Q: The extraction of gas and oil products has increased on account of increased demand of gas and oil…

A: Linkages refers to the relation between input and output in the process of the extraction. Linkages…

Q: You have decided to open a small business in Country Y and you want to hire some employees for your…

A: Small business is characterized as a private enterprise, or association, with limited staff and…

Q: With huge amounts of money being invested in securities during the longest and biggest bull market…

A: Answer-

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A: Online consumers are uncertain about prejudiced product integrity (e.g., fit and feel of clothing…

Q: Which is NOT a reason for a supplier to offer trade credit to a manufacturer? a. To increase the…

A: When favorable terms are agreed upon with a business's supplier, trade credit can be a useful tool…

Q: In the used-car market there are good cars and bad cars. Everyone knows that half of the used cars…

A: "Since you have asked a question with multiple sub-parts, we will solve first three sub-parts for…

Q: 38. On January 7, Scott sends a letter to Aaron offering to sell his Xbox video game system for $50.…

A: Answer:- On 7st january - seller send his offer by letter to buyer. Offer:- seller wants to sell his…

Q: In futures trading, a "margin" is best defined by which of the following: A. Amount of price…

A: Margins in the futures markets are performance bonds designed to ensure that traders can meet their…

Q: Adam Smith's concept of the market system     a) would not work without the preponderance of greed…

A: Adam Smith was a Scottish philosopher in the 18th century who was also known as the father of modern…

Q: Stock of a commodity is the: (a) Total quantity that is available in a market at a certain time (b)…

A: option a is the correct answer a) Total quntity that available in the        market at certain time…

Q: “In the value chain, the term “service” refers to _________.”

A: Value chain: It refers to a bit-by-bit plan of action for changing an item or administration from…

Q: Which of the following is an example of specific reciprocity? Group of answer choices (pick one)…

A: Specific reciprocity is a practice in international trade by which two parties give to each other at…

Q: What are some of the characteristics of goods that lend themselves well to being stored in a…

A: Answer -

Q: asymmetry and the hold-up problem can lead to vertical integration?

A: A condition in which one group has more information than the other is known as information…

Q: Bank 1 and Bank 2 are considering entering a compatibility agreement that would permit the users of…

A: From the given data as followed by Now we have to consider that the data as We know that A…

Q: In SpringbokVille pieces of paper called bucks are the only item that buyers give to sellers when…

A: Meaning of Exchange Rate: The term exchange rate refers to the situation under which a particular…

Q: What is a barter system?  List major difficulties of the barter system.

A: Money is an important economic unit that is essential to carry out the daily transactions purpose.…

Q: What does the high transaction costs associated with a barter system refer to?

A: Barter System: The barter system refers to the method of exchange of goods and services between two…

Q: Unlike newspaper dispensing devices, soft drink dispensing machines do not permit people to take…

A: Utility refers to the satisfaction/benefit received by an individual/consumer consuming a product.…

Q: A hedger trades futures to protect a price and ensure a margin for a cash commodity while a…

A: In the financial market, different types of investment are made by the speculators and hedgers…