A Disadvantage of Credit Money Is

question 24

Multiple Choice

A disadvantage of credit money is

• A) elasticity of supply.
• B) weight to value ratio
• C) indivisibility.
• D) none of the above.

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Definitions:

Management Decision Activities

Tasks or processes involved in making strategic choices that affect an organization's goals and operations.

Outsourcing

The business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company's own employees and staff.

HR Activities

Functions and tasks carried out by the human resources department, including recruitment, training, performance management, and employee relations.

Economics Of Scale

A situation where the cost per unit of output decreases as the scale of production increases.