All of the Following Are Necessary Criteria for a Commodity

question 55

Multiple Choice

All of the following are necessary criteria for a commodity to function as money EXCEPT

• A)it must deteriorate quickly.
• B)it must be divisible.
• C)it must be easy to carry.
• D)it must be widely accepted.

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Definitions:

Sales Mix

Refers to the proportion of different products or services that a company sells, aimed at maximizing profitability.

Fixed Costs

Expenses that do not change with the level of goods or services produced by the business.

Sales Mix

The composition of a company's various product or service offerings and their relative contributions to overall sales and profitability.

Unit Price

The cost per single item or measure, which allows for the comparison of costs among different units.