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Author Question: The barter system of exchange is inefficient because (Read 91 times)

xjustxicex

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on: Oct 12, 2022
The barter system of exchange is inefficient because
◦ markets do not exist.
◦ exchange partners need to know each other.
◦ "fair" values cannot be defined without the use of money.
◦ the double coincidence of wants may not exist.
◦ bargaining power is unequal between rich and poor.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by xjustxicex on Oct 12, 2022

butterfly17

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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xjustxicex

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Reply 2 on: Oct 12, 2022
Excellent

Jossy

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Reply 3 on: Yesterday
:D TYSM

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