Barter requires:

a. that the exchanged goods be portable.
b. that the exchanged goods be durable.
c. a coincidence of wants.
d. that the exchange medium be divisible.
e. an effective middleman.


c

Economics

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In Coppage v. Kansas (1912), the Supreme Court held that

a. all employers were required to offer employees the option of joining a union. b. an employer's right to require that employees sign "yellow-dog contracts" was protected by the 14th Amendment. c. "yellow-dog" contracts were illegal for any business engaged in interstate commerce. d. using federal troops to break strikes was a legitimate use of police power. e. All of the above.

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The opportunity cost of going to the movies is always the same for everyone

a. True b. False Indicate whether the statement is true or false

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Jacinda quit her job as a blackjack dealer where she made $42,000 per year to start her own florist business. Her business expenses are $14,000 per year on rent, $21,000 per year on supplies, and $9,000 per year on part time help. As for her personal expenses, her apartment costs her $12,000 per year and her personal bills are an extra $6,000 per year. What is Jacinda's opportunity cost of running the business?

A. $104,000 B. $86,000 C. $62,000 D. $44,000

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