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Question 1 of 10
Which situation best illustrates the function of money as a measure of value?
A. A baker checks how much his competitors charge for cakes to
help him set his own prices.
B. An entrepreneur starts a business hoping to make enough money
to pay off all her expenses.
C. An investor checks how much money he has saved in a bank
before he invests in a new business.
D. A farmer trades a basket of vegetables to his neighbor in
exchange for a new farming tool.

Respuesta :

Answer:

A. A baker checks how much his competitors charge for cakes to

help him set his own prices.

Explanation:

chilljain33

A farmer trading a basket of vegetables to his neighbor in exchange for a new farming tool, best illustrates the function of money as a measure of value.

What are the functions of money?

Money is the most basic medium of exchange. It also acts as a measure of value. Some other functions of money include general and universal acceptability and store of value.

Hence, option D holds true regarding the function of money as a measure of value.

Learn more about functions of money here:

https://brainly.com/question/14253896

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