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azamat
2 years ago
5

Money is to an economy what language is to communication. What does this statement mean?

Business
1 answer:
Tasya [4]2 years ago
8 0

Answer:

What does economy of language mean?

Explanation:

The economics of language is an emerging field of study concerning a range of topics such as the effect of language skills on income and trade, and the costs and benefits of language planning options, preservation of minority languages, etc. Language can be an expression of symbolic power.

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The ultimate market constraint (limit) on the amount of pricing power that can be exercised by a monopoly firm is the _______
guapka [62]

Answer:

Number of units it can sell and the number of customers it can serve

Explanation:

The ultimate market constraint (limit) on the amount of pricing power that can be exercised by a monopoly firm is the <u>number of units it can sell and the number of customers it can serve.</u>

<u>Generally</u>.

The price-setting ability of a monopolist faces two kinds of constraints:

1. Number of Units: The monopolist's price setting ability is limited by capacity as cannot sell more than a given quantity of its products

2. Number of Customers: The monopolist is additionally unable to serve more than a given number of consumers.

These 2 factors constrains the pricing power of the monopolist

8 0
3 years ago
the document that states that the bank will pay a specified sum of money to a beneficiary, normally the exporter, on presentatio
yuradex [85]

The letter of credit is the financial document which tells that a bank will pay a specified sum of money to a beneficiary

Letter of credit is also called documentary credit or bankers commercial credit.

The financial document called "Letter of credit" is a a letter written by a financial institution which authorizing another institution to pay someone a sum of money.

This document is usually a mode of payment used for the importation of visible goods.

In conclusion, the document called "letter of credit" is the financial document which tells that a bank will pay a specified sum of money to a beneficiary

Read more about letter of credit

<em>brainly.com/question/15837848</em>

3 0
2 years ago
Accounting is the information system that A. measures business activity. B. communicates the results to decision makers. C. proc
Bezzdna [24]

Answer:

All of the above

Explanation:

Accounting is usually a computer-based method which helps to take care of certain business activities. Accounting is a crucial sector of any business and one slight wrong move can change the complete outlook of a business. Accounting is an information system that helps to process information into numbers. Likewise, it helps to understand how the business is moving and it shows the results of a business decision.

4 0
2 years ago
A newly issued bond has a maturity of 10 years and pays a 7.7% coupon rate (with coupon payments coming once annually). The bond
Sliva [168]

The convexity of the bond is 61.810 and the duration of the bond is 7.330 years.                                                                                                      

<u>Explanation</u>:

  • A newly issued bond has a maturity of 10 years. It pays a 7.7% coupon rate. The coupon payments will receive each year. Using the coupon payments the year will be reduced.
  • The maturity year will get reduced. So the duration of the bond is approximately 7.330 years. If the bond is sold at par value the convexity can be calculated using the number of years.
  • So the convexity of the bond is 61.810.                                                                            

3 0
3 years ago
Those who work directly on the product to convert raw materials into a finished product are known as ____.
Mars2501 [29]

Answer:

Direct labor

Explanation:

Direct labor is the workers who converted the raw material into a finished product so that the finished product is ready for sale. The wages paid to the labor are classified in the direct labor itself.

It is specially allocated to the manufacturing process so that the product could be carried forward to the next level of the process and at the end the finished product is ready

7 0
3 years ago
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