To trade one good or service for another is to barter. "Exchange" is the answer for the Ancient Egyptian packet.
Trading goods and services is the transfer of ownership. This can the trade of many of things.
Trade. If you are trading one good or service for another, it is called bartering.
derived demand
derived demand
By finding the monetary value of something the person would willingly trade in exchange for the good or service
to get good inports and exports to be used through their lives!!!
Trade. If you are trading one good or service for another, it is called bartering.
Trade one good or service for another is known as barter trade. This was the common type of trade in ancient days before money was introduced as a medium of exchange.
When you trade one service for another it is called bartering.
Trade is simply the trading of something for something else. This can be one good for another good, one good for money, one good for a service, a service for a good, money for a service, etc.And for how it helps them; well consider some civilization have too much of crops, rice or anything. What they will do? They will either store or sell it expecting money or wealth or exchange it with other goods.
derived demand
derived demand
By finding the monetary value of something the person would willingly trade in exchange for the good or service <---Apex (:
A complementary good is one used in conjunction with another good or service.
By finding the monetary value of something the person would willingly trade in exchange for the good or service
to get good inports and exports to be used through their lives!!!
Profit and customer service are inversely proportional to one another. If we are good at customer service then we will loose the profits.RegardsVenkat
opportunity cost