This topic contains a solution. Click here to go to the answer

Author Question: From an economists point of view, market exchange is defined by: a. the purchase of goods in a ... (Read 71 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
From an economists point of view, market exchange is defined by:
 
  a. the purchase of goods in a marketplace.
  b. the buying and selling of goods and services whose value is determined by supply and demand.
  c. the role of middlemen who bring buyers and sellers together.
  d. face-to-face bargaining for goods and/or services.
  e. the role of large multinational corporations, using a formal stock exchange.

Question 2

Leveling mechanisms are:
 
  a. more common in hunter-gatherer societies than in horticultural societies.
  b. associated with one family becoming wealthier than others.
  c. found in communities where property is not allowed to threaten egalitarian social order.
  d. more common in industrial societies than in agricultural societies.
  e. no longer in existence.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ally

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

ANSWER: b

Answer to Question 2

ANSWER: c





 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

For a complete list of videos, visit our video library