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Arisa [49]
3 years ago
14

Money is what money does discuss​

Business
2 answers:
Anestetic [448]3 years ago
5 0

Money is what money does" is just a misnomer phrase

Money is legal tender and anything generally acceptable as medium of exchange.

DochEvi [55]3 years ago
3 0

Answer:

Money is a concept which we all understand but which is difficult to define in exact terms. Money is anything serving as a medium of exchange. Most definitions of money take 'functions of money' as their starting point. 'Money is that which money does.

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If interest rate on 1-year unsecured loan is 4.5%p.a. The inflation rate is 3.2% this year. What is the real interest rate?
Alexeev081 [22]

Explanation:

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8 0
3 years ago
DeFeet International started as a cyclist sock company. The founder, Shane Cooper, said that the existing socks for cyclists wer
SpyIntel [72]

Answer:

Multi-Segment Marketing

Explanation:

As DeFeet initially positioned themselves as cyclist sock company but after some time, they identified the mass appeal of their product. They started offering hiking and snow gear which included products like arm skins, calfskin, boxer briefs, gloves, shirts other than just socks. Not only that but they also made a department for customized products. This strategy of offering same category product to different segments is known is multi-segment marketing

4 0
3 years ago
Marci Luner is going over the finances of her clothing boutique firm. If her firm has a net income of​ $131,000 and net sales of
MaRussiya [10]

Answer: The profit margin is 22.35 %

Explanation: The formula for profit margin is net profit/ income ÷ net sales.

As such, the profit margin is (131000 ÷ 586000) x 100 = 0.2235 * 100 = 22.35 %

6 0
3 years ago
can the combined profits of oligopolistic firms ever be higher than those of a monopoly with the same costs as those of the firm
Arisa [49]

No, a combined profit or loss of oligopolistic firm can never be higher than those of a monopoly with the same costs as those of firms combined.

<h3>What is an Oligopoly Firm ?</h3>

An oligopoly is a establishment characterized by a small number of enterprises who realize they're interdependent in their pricing and affair programs. The number of enterprises is small enough to give each establishment some request power. Oligopoly is distinguished from perfect competition because each establishment in an oligopoly has to take into account their interdependence; from monopolistic competition because enterprises have some control over price; and from monopoly because a monopolist has no rivals.

In general, the analysis of oligopoly is concerned with the goods of collective interdependence among enterprises in pricing and affair opinions.

Do more about Monopolistic Firm click: brainly.com/question/25717627

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7 0
1 year ago
g if you invest in a business that you expect that will earn profit (in thousands of dollars) of $12 by the end of the year, $17
Vedmedyk [2.9K]

Answer:

PV= $67,582.58

Explanation:

Giving the following information:

Cf1= 12,000

Cf2= 17,000

Cf3= 25,000

Cf4= 30,000

Discount rate= 8%

To calculate the  present value, we need to use the following formula on each cash flow:

PV= FV/(1+i)^n

Cf1= 12,000/(1.08)= 11,111.11

Cf2= 17,000/1.08^2= 14,574.76

Cf3= 25,000/1.08^3= 19,845.81

Cf4= 30,000/1.08^4= 22,050.90

PV= $67,582.58

5 0
4 years ago
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