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Author Question: Avery needs to purchase a new computer for school. He looks at two laptops that have 18-inch ... (Read 103 times)

awywial

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on: Jul 14, 2018
Avery needs to purchase a new computer for school. He looks at two laptops that have 18-inch screens, 16 GB of memory, and DVD/CD drives. One costs 850 and the other costs 700. Avery can use the prices of the laptops to determine which is a better deal. Which function of money does this illustrate?
 A) Unit of account
  B) Measure of value
  C) Medium of exchange
  D) Measure of durability
  E) Store of value

Question 2

Exxon is building a new oil refinery. It is evaluating three different locations, all of which are located next to ocean ports, where the majority of imported oil arrives from other countries. This relates to which consideration when selecting a new facility location?
 A) Design planning
  B) Access to key resources
  C) Availability and cost of labor
  D) Proximity to major customers
  E) Cost of construction and operation


ghepp

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Reply #1 on: Jul 14, 2018
Answer to Question 1

B

Answer to Question 2

B


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