The table below shows that,in one day,Claire can complete either 3 chemistry or 2 biology lab reports,while Sam can complete either 4 chemistry or 3 biology lab reports. TABLE 1- 2
-Which of the following results from the introduction of money for use in transactions?
A) an increased use of barter
B) society is able to satisfy all wants
C) exchange becomes easier and this promotes the specialization of labour
D) self- sufficiency is assured
E) the specialization of labour becomes more difficult
Correct Answer:
Verified
Q1: The concept of scarcity in economics usually
Q2: The table below illustrates that,in one
Q3: FIGURE 1- 5 Q5: FIGURE 1- 5 ) Q6: The table below illustrates that,in one Q8: Because resources are scarce,individuals are required to Q9: The table below shows that,in one Q10: An economic system that relies primarily upon Q11: A small landscaping firm purchases a tractor Q48: Suppose there are only three alternatives to
A)use
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