Ask your own question, for FREE!
Economics - Financial Markets 23 Online
OpenStudy (anonymous):

Sam takes a five-dollar bill from his wallet. He exchanges the bill for four quarters and four one-dollar bills. He then uses the change to buy a bottle of water from a vending machine. Which characteristics of money has Sam best demonstrated? Acceptability, divisibility, and portability Divisibility, scarcity, and stability of value Durability, portability, and standard Medium, scarcity, and value i think its the first right am i right

OpenStudy (anonymous):

@nincompoop @austinL

OpenStudy (anonymous):

are you able to answer the question @austinL

OpenStudy (anonymous):

@Lena772 @ladiesman217 @ganeshie8

OpenStudy (ladiesman217):

i do believe you are correct the 1st one

OpenStudy (anonymous):

thanks and could yoy help me with one more question

OpenStudy (anonymous):

Lois promised to take her nephew to the zoo on Tuesday afternoon. On Tuesday, her boss hands her a new project, due by the end of the day. Which of these is an opportunity cost of Lois using Tuesday to work on her project? She and her nephew enjoy an afternoon at the zoo. Her project will be late. She could lose her job. She will save the cost of two zoo tickets.<----- this is the answer that i chose

OpenStudy (anonymous):

am i also correct on that question to

OpenStudy (ladiesman217):

i beleive it is A or D

OpenStudy (anonymous):

ok

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!