An International Group of Zookeepers with Successful Breeding Programs Made

question 21

Multiple Choice

An international group of zookeepers with successful breeding programs made the following animal exchanges last year. Using the same bartering system, how many monkeys can a zoo obtain in exchange for 15 flamingos?

• A) 3 monkeys
• B) 5 monkeys
• C) 8 monkeys
• D) 12 monkeys
• E) 15 monkeys

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Definitions:

Exercise Option

The act of implementing the right to buy or sell an asset under the terms of an option contract.

Purchase

The act of buying goods, services, or assets.

Liquidate

To convert assets into cash or to settle debts by selling off assets.

Scanlon Plan

A type of gainsharing program where employees share in financial gains through productivity improvements.