The Greater the Number of Different Goods Available in an Economy,the

question 42

Multiple Choice

The greater the number of different goods available in an economy,the:

• A)less likely it is that a double coincidence of wants will exist,and the less likely it is that monetary exchange will develop.
• B)less likely it is that a double coincidence of wants will exist,and the more likely it is that monetary exchange will develop.
• C)more likely it is that a double coincidence of wants will exist,and the less likely it is that monetary exchange will develop.
• D)more likely it is that a double coincidence of wants will exist,and the more likely it is that monetary exchange will develop.
• E)more likely it is that individuals are producing only goods they want to consume.

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Definitions:

Growth

An increase in the size, amount, or value of something, often seen as a positive development in economic, business, or personal contexts.

Sustainability

The practice of maintaining processes or systems in ways that do not deplete resources or harm natural cycles for future generations.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the benefit of an investment by its cost.

Sales Margin

The difference between the selling price of a product or service and its cost, expressed as a percentage of sales.