Author Question: A barter exchange A) always takes place without greed on behalf of the trading parties. B) takes ... (Read 234 times)

Zoey63294 · **on:** Jun 29, 2018

A barter exchange

A) always takes place without greed on behalf of the trading parties.
B) takes place without money.
C) tends to have lower transaction costs compared to exchanges using money.
D) is characterized by all of the above.

Question 2

When a textile company keeps track of its inventory using a computer and its competitor uses a pad of paper and a pencil, they are both answering the ________ part of one of the two big economic questions.

A) what
B) how
C) for whom
D) where