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Dana Has the Ability to Easily Cope with Unexpected and Challenging

question 63

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Dana has the ability to easily cope with unexpected and challenging situations. She generates solutions to problems by relating unexpected situations to familiar situations. In this scenario, Dana is exhibiting ________.


Definitions:

Coincidence of Wants

In barter economies, this refers to the situation where two parties each possess an item the other wants, making an exchange possible without the need for money.

Medium of Exchange

An intermediary used in trade to avoid the inconveniences of a pure barter system.

Specialization in Production

The process by which individuals, businesses, or countries focus on producing a limited scope of goods or services to gain greater efficiency and quality.

Coincidence of Wants

A situation in a barter economy where two parties each hold an item the other wants, facilitating a direct trade without the need for a medium of exchange.

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