When there are many goods is that in a barter system
A)transactions costs are minimized.
B)there exists a multiple number of prices for each good.
C)there is only one store of value.
D)exchange of services is impossible.

Question

Quizplus · Accepted Answer

In a barter system with many goods, there can exist multiple prices for each good, depending on what other goods are being traded for it. This can lead to complexity and difficulty in determining fair exchange rates, and can also create problems with divisibility (i.e. if a particular good is not easily divisible, it may be hard to exchange it for smaller quantities of other goods). Transactions costs may not necessarily be minimized, and while there is only one store of value (i.e. the goods being traded), exchange of services is still possible if one party values the services of the other.

When There Are Many Goods Is That in a Barter