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Maria Marians has actively engaged in learning the production of handmade soft toys for little children for several years since she has left high school.
Maria Marians has actively engaged in learning the production of handmade soft toys for little children for several years since she has left high school. Even though she is currently working as a Manager in a reputed company, she creatively designs and produces soft toys during her free time. She is now wondering whether she should engage in barter using her soft toys to purchase her household necessities or whether she should sell her soft toys to earn a profit.
Considering the above scenario explain to Maria Marians,
- Introduction to the scenario and theory
- Explain what is barter system ?
- What she needs to consider if she opts to trade using barter system?
- Give a Detailled explanation on the scenario and using the barter system ?
- How to improve her profit if she opts to sell her supplies. Give the Detail explanation on this ?
- Conclusion
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