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29 October, 22:32

Christy's editing service had some new computers that needed to be hard-wired for faster Internet speed. She offered free editing on her neighbor's master's thesis if he would do the wiring for her. This demonstrates the concept of bartering.

A. True

B. False

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Answers (1)
  1. 30 October, 01:45
    0
    True

    Explanation:

    Bartering system is defined as an exchange of one good for another between different parties. It is based on meeting th needs of both parties.

    If needs of one party is not met them barter will most likely fail.

    For example if I have fish and I need a gas cooker to cook it, I can exchange some fish for it. The other person must have need of fish for this transaction to succeed.

    In this instance Christy offered free editing on her neighbor's master's thesis if he would do the wiring for her.
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