Economics 9708 · AS & A Level · Oligopoly

Oligopoly — practice question

John charges $10 for cakes. Aisha provides online tutoring at $20 per hour. The value of one hour of Aisha’s tutoring equals the value of two of John’s cakes. Which function of money is shown here?

  • Amedium of exchange
  • Bstandard of deferred payment
  • Cstore of value
  • Dunit of account

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