As the variety of goods and services increases,barter becomes:
A) easier because the chance of there being a double coincidence of wants increases.
B) harder because the chance of there being a double coincidence of wants increases.
C) easier because the chance of there being a double coincidence of wants decreases.
D) harder because the chance of there being a double coincidence of wants decreases.
E) easier because people have more options to choose from.
Correct Answer:
Verified
Q10: The earliest type of exchange involved _.
A)coins
B)barter
C)commodity
Q11: The more specialized labor becomes,the:
A)less likely it
Q12: The first step in the evolution of
Q13: Barter works best when:
A)there is an absence
Q14: Barter may be the only alternative:
A)if the
Q16: Which of the following statements is true
Q17: The greater the number of different goods
Q18: Barter is the direct exchange of goods
Q19: Before specialization:
A)families were largely self-sufficient.
B)families produced much
Q20: Specialization of labor means that:
A)production requires a
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