If an Economy Tried to Use Bananas as Money, Which

question 217

Multiple Choice

If an economy tried to use bananas as money, which function would bananas likely have the most difficult time fulfilling?

• A) a store of value
• B) a medium of exchange
• C) a means of payment
• D) a unit of account

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Definitions:

Setup Cost

The expenses incurred when preparing equipment, machinery, or systems for a new production run or switching from producing one item to another.

Kanban Size

The specific quantity of work components or tasks represented by a Kanban card, used in the Kanban system to control the flow through the production system.

Setup Cost

The expense incurred to prepare equipment, machinery, or a production facility for a manufacturing run or a project.

Carrying Cost

The total cost of holding inventory, including storage, insurance, depreciation, and opportunity costs.