Which Is Not One of the Criteria Necessary for a Commodity

question 153

Multiple Choice

Which is not one of the criteria necessary for a commodity to make a suitable medium of exchange?

• A)It should be durable.
• B)It should be of standardized quality.
• C)It should be valuable relative to its weight.
• D)It should have intrinsic value.
• E)It should be generally accepted in exchange.

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Definitions:

Sensory Stimulus

A detectable change in the internal or external environment that elicits a response from the sensory system.

Sensation

The process of receiving and interpreting sensory information through the senses.

Perception

The process of organizing, interpreting, and giving meaning to sensory information.

Chemo

Short for chemotherapy, a type of cancer treatment that uses one or more anti-cancer drugs as part of a standardized chemotherapy regimen.