Author Question: The most direct way in which money eliminates the need for a double coincidence of wants is through ... (Read 287 times)

ahriuashd · **on:** Jun 29, 2018

The most direct way in which money eliminates the need for a double coincidence of wants is through its use as a medium of exchange.

Indicate whether the statement is true or false

Question 2

According to the paradox of value, expensive goods, such as gemstones, provide consumers with

A) high total utility and low marginal utility.
B) low total utility and low marginal utility.
C) low total utility and high marginal utility.
D) high marginal utility and high total utility.