In a barter economy, prices are stated in terms of relative prices. How many prices would a trader of a particular good need to know in a barter economy with 20 goods

Answers

Answer 1

The number of prices the trader will need to know is 190 barter prices.

Mathematically, it will be:

(20 x 19)/ 2 = 190 barter prices.

Let's understand what barter economy is all about.

Barter economy

A barter economy refers to the economy where transactions for goods and services are exchanged for goods and services. In other words, goods and services are used to pay in order to get another goods and services.

In the barter economy, money isn't needed and not used as a medium of exchange.

Barter-based economies are known to be one of the earliest. This type of economy actually predates monetary systems.

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Related Questions

True or false: Underapplied or overapplied overhead occurs because overhead is applied to jobs using a predetermined rate based on estimates of costs and activity levels.

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There are different kinds of rules. Underapplied or overapplied overhead occurs because overhead is applied to jobs using a predetermined rate is a true statement.

What is Underapplied overhead?

This is known too be when the amount of a specific OH applied is said to be less than full amount of actual MOH for that specific period.

Overapplied overhead is known to be when the amount of OH applied is said to be more than full amount of actual MOH for that specific period.

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______________ integration involves the acquisition of an entity occupying a different level in the value chain a. Horizontal b. Vertical c. Implicit d. Explicit e. Informal

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Answer:

its B, the vertical integration

Which of the following is an example of a
management factor of production?
A. training
B. machines
C. warehouses
D. cash

Answers

Answer:

A Training

Explanation:

Which of the following quotations from the text best shows the author’s argument? * "Entrepreneurs are people who organize, manage, and take on the risks of a business. " "influencers usually don't have to spend money on renting office space, since many of them work from their own home. " "As influencers have grown in number, they have become more and more popular" "As entrepreneurs themselves, influencers create businesses and add a few unique features that continue to boost the economy in a socially connected world. ".

Answers

Enterprenuer are risk takers and influencers enhances a business to popularity.

Who is a Enterprenuer?

An entrepreneur is an Individual that creates a new business and bears most of the risks and enjoys the rewards.

An influencer is a person who is known as an expert within their field that also has a steady following.

Therefore, Entrepreneurs are people who organize, manage, and take on the risks of a business and as influencers have grown in number, they have become more and more popular.

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The ending Retained Earnings balance of ABC decreased by $1.5 million from the beginning of the year. The company declared a dividend of $4.4 million during the year. What was the net income for the year

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Based on the information given the net income for the year will be is : $2.9 million.

Net income

Using this formula

Net income=Dividend declared-Decrease in Ending Retained earning

Where:

Dividend declared=$4.4 million

Decrease in Ending Retained earning=$1.5 million

Let plug in the formula

Net income=$4.4 million-$1.5 million

Net income=$2.9 million

Inconclusion the net income for the year will be is : $2.9 million.

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According to a study examining the status of sales as a true profession, sales meets the professional criteria of _____ through professional organizations such as the Strategic Account Management Association (SAMA) and through a common sales vocabulary such as that found in textbooks and training materials.

Answers

Answer:

Confession

Explanation:

In the ______ stage of the product life cycle, demand and sales increase, profits peak, and there are more competitors.

Answers

the answer is growth

Explanation:

Dennis has just made the final monthly payment necessary for paying off his car financing. When he purchased the car three years ago, it had a list price of $23,878. Dennis traded in his good-condition 2001 Honda Odyssey and financed the rest of the cost at an interest rate of 11.82%, compounded monthly. The dealer gave Dennis 85% of the trade-in value of his car, listed below. Dennis was also responsible for paying 9.05% sales tax, a $1,474 vehicle registration fee, and a $225 documentation fee.

Required:
All told, how much did Dennis pay in interest?

Answers

Using an online auto loan calculator, the total amount in interest paid by Dennis for the car is $689.92.

What is interest?

Interest is the finance charge or expense incurred for taking an auto loan.  Loans usually come with interest rates.  The interest amount is computed as a percentage of the loan amount.

Auto Loan Calculator:

Total Price Monthly Payment

Auto Price = $23,878

Loan Term = 36 months (12 x 3)

Interest Rate = 11.82%

Down Payment = $0

Trade-in Value = $20,296.30 ($2

Sales Tax = 9.05%

Title, Registration and Other Fees = $1,699 ($1,474 + $225)

Monthly Pay:   $118.66

Total Loan Amount = $3,581.70

Sale Tax = $324.14

Upfront Payment = $2,023.14

Total of 36 Loan Payments = $4,271.62 ($118.66 x 36)

Total Loan Interest = $689.92

Total Cost (price, interest, tax, fees) = $26,591.06

Thus, the total amount in interest paid by Dennis for the car is $689.92.

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While not knowing how to get started and cultural differences make the prospect of global trade difficult for small businesses, there is one bright spot on the horizon that has brought global trade closer to home. Small businesses can now

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Use technology such as payment platforms to fulfill orders, which gives them some assurance of payment. Health insurance has nothing to do with business operations. The correct option is C.

Cross-border transactions are now much simpler thanks to technology. Businesses can use safe and dependable means to collect payments from clients all over the world using payment platforms like payment platforms.

These payment platforms frequently provide buyer and seller security features, which can provide small businesses with some level of comfort that they will be paid for their goods or services.

Thus, the ideal selection is option C.

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#SPJ12

Your complete Question was as follows:

to create a system of rewards and incentives that promotes good strategy execution and timely achievement of imporant outcomes, a company must

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I’m not sure how to answer this

To be an effective planner, you should be a(n) learner in areas beyond the technicalities of your profession.

Answers

It is a true statement about being an effective planner who is a learning professional in many areas beyond the technical aspects of his profession.

How to carry out an effective plan?

In the business environment, it is necessary to have a comprehensive understanding of internal and external factors that can impact the future of the organization and generate value and market positioning.

Therefore, it is essential that an effective planner is based on technical, social and visionary aspects to ensure that his action plan is positive and successful.

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Answer:proactive

Explanation:

Briefly discuss three objectives of the government​

Answers

Government aims to influence distribution of income by imposing taxes on the rich and spending more on the welfare of the poor. It will reduce income of the rich and raise standard of living of the poor, thus reducing inequalities in the distribution of income. 3. Economic Stability:

When a firm has many potential competitors and tries to develop a marketing strategy to differentiate its products from the competitors' products, a(n)

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Answer:

na buang ka ayaw ko ug pangutana

To eliminate the need to continually monitor currency exchange rates, 16 of the countries in the European Union (EU) have adopted a common currency, which is called the

Answers

The currency that the European Union introduced to monitor currency exchange rate was the Euro.

What is the Euro?

The Euro is a currency that is used by almost all members of the European Union.

The purpose for it being introduced was to facilitate trade and to have a common monetary policy. It also allowed for the easier controlling, and monitoring of, exchange rates.

In conclusion, this is the Euro.

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Chicken becomes more expensive in 2008 at Wegmans in State College, Pennsylvania. This means:

a. the consumer price index (CPI) will rise in 2008 if, and only if, State College is one of the 38 geographic locations and chickens are one of the 8,000 goods included in the CPI.
b. the consumer price index (CPI) will almost certainly rise in 2008, even if State College is not included, as long as chicken is included and becomes more expensive on average at the indexed locations.
c. the consumer price index (CPI) will likely fall if the average weighted price of chicken increases in the United States and the price of chicken at Wegmans makes almost no difference in the CPI.
d. the consumer price index (CPI) might rise or fall and the price of chicken at Wegmans could make a very small difference in the CPI if chicken at Wegmans is included in the index. However, chicken would be a relatively small portion of the entire CPI, if it is included at all.
e. chicken prices are never included in the consumer price index (CPI) because the creator of the CPI, James Gapinski, did not like chickens.

Answers

When the price of a product in a certain location rises, it can only affect the Consumer Price Index (CPI) if that location is used in the computation of the CPI and if the good whose price increased is also included.

What is Consumer Price Index?

This refers to the mean difference in prices over that that people pay for a basket of goods and services.

The CPI is calculated as a weighted average of a broad cross-section of goods and services. This collection of goods and services is what is referred to as a basket of goods and services.

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Is the accounting profession responded in a timely, comprehensive, and effective manner to stakeholders and business current challenges? Explain

Answers

Yes the accounting profession is responded in the way that it wwould take care of current business challenges.

What is the accounting profession?

This is the profession where financial analysis and other functions such as auditing are carried out.

The institution today is being structured in a way that it would still be able to meet the goals of the times that we are in.

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what is marketing management?why is it important?​

Answers

Its help to stand competent in highly thriving competition in the market.

Answer:

Marketing management is especially important for smaller businesses because it gives them a level footing to complete with larger players in the field.Thorough customer research,creative campaigns and marketing strategies and positive branding can go a long way in providing a brand with an edge over its competition.

Explanation:

hope it helps you

9. When a recession ends, _____ participants in an economy feel a recovery is in place. all some wealthy no

Answers

It is a false statement that when a recession ends, all participants in an economy feel a recovery is in place.

What is the aftermath of an economy recession?

Generally, when an economy is reported as out of recession, many of the negative income and employment effects of the recession will continue for a time.

In conclusion, It is a false that when a recession ends, all participants in an economy feel a recovery is in place.

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Imagine that you manage a toy store. You have one employee who does a fantastic job. Your other employee needs improvement. Choose one employee and describe what you would say to them during their annual review. Remember to keep the comments specific and focused on how the employee can improve.

Answers

Employee I choose: “Fantastic one”
Ways to improve: Make sure to help other employees and guide them into the right direction when needed. Give them tips and teach them the ropes.

(I choose to do this to help the fantastic employee to become even better and these comments will allow the improving employee to get better as-well)

Winners of the Georgia Lotto drawing are given the choice of receiving the winning amount divided equally over years or as a​ lump-sum cash option amount. The cash option amount is determined by discounting the annual winning payment at ​% over years. This week the lottery is worth ​$ million to a single winner. What would the cash option payout​ be?

Answers

Based on the information given cash option payout​ is $10,570,847.19.

Cash option payout

First step is to calculate the PMT

PMT =18,000,000/19

PMT=$947,368.42

Second step is to find the cash option payout using financial calculator by imputing the below value.

PMT= -$947,368.42

FV=$0

N=19 years

I/Y= 6%

PV=?

Hence,

CPT PV=$10,570,847.19

Inconclusion the cash option payout​ is $10,570,847.19.

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The idea that the U.S. economy uses the market mechanism to distribute most goods and services and those who receive the most income get the most goods is best represented by the question:

Answers

There are different kinds of ideas. The idea that the U.S. economy for who receive the most income get the most goods is best represented by the question called "For whom output is produced".

What kind of system is the United States economy based on?

The U.S. is one that has a mixed economy and also show the attributes of f both capitalism and socialism.

In a mixed economy as the above, they often embraces economic freedom regarding  capital use and they also allows the government to intervene for public good.

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Morabido mails registered letters, sends e-mails, and places ads in local newspapers where it sold a defective weed killer. Huntington knows of the recall but ignores it, applies the weed killer to his crops, suffers damages, and sues. Which defense can Morabido use at trial?

Answers

The defense which Morabido can use at trial is:

Assumption of Risk

What is Assumption of Risk?

This refers to the defense which is used in the law court to try to prevent a plaintiff from making a recovery based on negligence.

WIth this in mind, we can see that Morabito can make use of assumption of risk to show that because Huntington knew of the defect but went ahead to make use of weed killers.

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f the price elasticity of demand for volleyballs is 1.20, a 15 percent increase in the price will result in

Answers

A 15 percent increase in the price will result in 18% decrease in quantity demanded.

What is Price Elasticity Of  Demand?

Price elasticity of demand  is defined as the the change in the rate  of consumption of a particular product with respect   to the change in its price. It is given as is the ratio of the percentage change in the  quantity demanded of a product to the percentage change in price.

Simply put;

Price elasticity of demand   = percentage change in quantity demand / percentage change in price

[tex]pEd[/tex] =[tex]\frac{percentage change in quantity}{percentage change in price, }[/tex] ; [tex]pEd[/tex] =[tex]\frac{Qd}{Pd }[/tex]

We were given that

Price Elasticity of demand; pEd  1.20Increase in the price ; 15%

Plugging in our values, we have that

1.20 =[tex]\frac{Qd}{0.15}[/tex]

Percentage change in quantity demanded[tex]Qd[/tex]  =0.18   =18%

Therefore, A  15 percent increase in the price will  result to an  18% decrease in quantity demanded.

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A feedback interview involves ______. explaining what the cost will be use of some type of prototype defining customers asking for an invention of a product or service

Answers

A feedback interview involves explaining what the cost will be use of.

What is Feedback interview?

This type of interview involves the interviewer taking detailed notes about a candidate's answers. Certain type of qualities are also noted and shared to the department in charge of recruitment.

In this case, explaining what the cost will be use of will require giving answers which will be analyzed to check if such individual is best suited for the role.

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The present value formula for a(n) ______ is PV = C/r, where C is the constant and regularly timed cash flow to infinity, and r is the interest rate.

Answers

The present value formula shown above in the form of PV = C/r is the formula for a perpetuity.

What is a perpetuity?It is an investment that will keep paying out for an indefinite period of time. An example would be payments from an endowments to a charitable cause.

To find the value of a perpetuity, you simply divide the regular cash flow received by the interest rate given in the form:

= C / r

In conclusion, this is a perpetuity.

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Management innovations such as total quality, benchmarking, and business process reengineering cannot lead to sustainable competitive advantage because

Answers

Management innovations such as total quality, benchmarking, and business process reengineering cannot lead to sustainable competitive advantage because: every company is trying to implement them and hence it does not make a company different from others.

What are Management Innovations?

Management innovations are the practices that companies introduce to make them stand out from others.

Often, many other companies are adopting the same strategies and the end purpose might not be achieved. Thus the result is counterproductive.

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What is the biggest threat to infrastructure in eastern asia.

Answers

Answer:

natural disaster

Explanation:

maybe this is right

Which is a type of checking and savings account that is issued by financial institutions and investment firms that has a higher yield than simple savings accounts, but with some restrictions based on minimum amounts withdrawn

Answers

Answer:

Money Market Account

Explanation:

Eco Lawn Care Corp., a company that manufacturers environmentally friendly lawn care products, has been operating as a business for a year. The CEO, Markus, started his venture by deciding on the activities that would be involved and what his goals and objectives for the business were. He then started to recruit professional chemists and other personnel and grouped them according to their responsibilities. Every month Markus conducts a meeting where he brings attention to those who are doing good work and motivates everyone to achieve organizational goals. He also checks the daily productivity of each of the workers, monitoring them and providing training to those with low productivity. By recognizing good performers and motivating them toward achieving organizational goals, Markus performs the ________ function of management.

Answers

By recognizing good performers and motivating them toward achieving organizational goals, Markus performs the leading function of management.

What are the Functions of Management?

The functions of management refer to the various roles that a manager can take on. One of those roles is functioning as a leader.

In the above scenario, Markus leads his group by recognizing those who need help and providing them with the resources that they need to thrive.

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I need help with this question please help

Answers

Answer:

Explanation

I think you should multiply the name by name

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