Author Question: If I trade a ginger snap for a chocolate chip cookie, I am engaging in a. barter b. comparative ... (Read 101 times)

tth

  • Hero Member
  • *****
  • Posts: 579
If I trade a ginger snap for a chocolate chip cookie, I am engaging in
 a. barter
  b. comparative advantage
  c. absolute advantage
  d. privatization
  e. division of labor

Question 2

Barter occurs when
 a. two people share everything
  b. one product is exchanged directly for another product
  c. money is used to buy goods
  d. money is exchanged directly for other money
  e. goods are used to buy money



cadimas

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

For a complete list of videos, visit our video library