How Many Prices Would a Trader of a Particular Good

question 60

Multiple Choice

How many prices would a trader of a particular good need to know in a barter economy with 5 goods?

• A) 5
• B) 10
• C) 20
• D) 50

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Definitions:

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Duress

A situation where a person is forced into an agreement or action against their will by means of threats, violence, constraints, or other pressure.

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