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What does the term 'transaction cost' mean in relation to economics?
Wiki User
∙ 10y ago
The transaction cost means the price you pay for a certain item or service. This is the money that is transferred between customer and service provider.
Wiki User
∙ 10y ago
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How can you tie mean girls to Econimics like opportunity cost and cost-benefit analysis?
you can tie mean girls to economics by calling attention of social construction of traditional economics hence produce things like family economics.
What does GOP stand for in economics?
Do you mean Grand Old Party? It's political, but lately it has been talked about in relation to Economics, that's probably why you've got it mistaken for being that of Economics. GDP, however, in Economics, is Gross Domestic Product.
What does SAC mean in economics?
SAC is an abbreviation for short-run average cost.
What does the term marginal cost mean in the field of economics?
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What does marginal costs mean?
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The cost used to make a sale. Basically to compare the ROI of an operation or transaction(s). This cost can be sales employee wages, building lease, postage, sales calls, etc.
What does a code mean?
A promotional code generally refers to a group of letters and/or numbers that, when entered into a form at checkout during an online transaction, provides the customer with cost savings cost or improved product.
What does closing cost no refinance mean?
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What does a promotional code mean?
A promotional code generally refers to a group of letters and/or numbers that, when entered into a form at checkout during an online transaction, provides the customer with cost savings cost or improved product.
What does pretium mean?
Pretium in Latin means "price" or "value." In finance and economics, it usually refers to the agreed-upon price or value of a financial asset or transaction.
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What does outstanding transaction mean?
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