IF THERE ARE FIVE GOODS IN A BARTER ECONOMY, ONE NEEDS TO KNOW TEN...
66) If there are five goods in a barter economy, one needs to know ten prices in order to exchange one
good for another. If, however, there are six goods in a barter economy, then one needs to know
_____ prices in order to exchange one good for another.
(a) 6
(b) 9
(c) 12
(d) 15
Answer: D
Question Status: Previous Edition