The major reason why bartering is difficult is that "Businesses are given incentives to specialize in only good or service." This highlights the challenge of finding a mutual agreement between parties with differing needs and the limitations that arise when trading goods or services directly, as it requires a double coincidence of wants. In contrast, the other options do not accurately reflect the primary challenges associated with bartering.
Which of the following is a major reason why bartering is difficult?
No more than two people can trade at a given time.
Only one person has to want the item you are bartering.
You have to physically transport the items you want to barter.
Businesses are given incentives to specialize in only good or service.
That is correct.
1 answer