In book 23 of homer's iliad are these words: "the winner was to acquire a fire-straddling tripod valued at twelve oxen by the akhaians. as for the loser, in their midst akhilleus placeda woman versatile at crafts, whose value was four oxen." what does this passage tell us about economics in the iliad? a. oxen were used as the unit of account. b. oxen were used as the medium of exchange. c. oxen were the best way to store wealth. d. oxen were used as legal tender

Which p shifts to consumer in the four cs of the alternate marketing mix? a) promotion b) product c) place d) price

Anew equipment has been proposed by engineers to increase the productivity of a certain manual welding operation. the investment cost is $25,000, and the equipment will have a market value of $5,000 at the end of a study period of five years. increased productivity attributable to the equipment will amount to $10,000 per year after operating costs have been subtracted from the revenue generated by the additional production. if marr is 10%, is investing in this equipment feasible? use annual worth method.

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit