Which situation best illustrates the function of money as a measure of value?
A. A farmer trades one of his cows to his neighbor for three of her
sheep.
B. A banker gives money to an entrepreneur to help her start a new
business.
C. A consumer compares the prices of different cars before deciding
which one to buy.
D. A computer company builds a factory overseas to make its
products at a low cost.

Respuesta :

Answer: C. a consumer compares the prices of different cars before deciding

which one to buy.

Explanation: A PEX

The situation that represent the function of money is option C. Where the consumer compared the price of various cars.

What is the function of money?

Money could be in terms of a medium of exchange, store of value, and as a unit of account. It is basically a medium of exchange that could be used for taking the facilities. In the case when the consumer compared the prices of the various cars prior to deciding which car should buy so this represents the measure of value.

hence, The situation that represent the function of money is option C. Where the consumer compared the price of various cars.

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