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English Is the Most Widely Accepted Language for Business;therefore,native English

question 18

True/False

English is the most widely accepted language for business;therefore,native English speakers do not need to learn a foreign language.


Definitions:

Income

The money received by an individual or business in exchange for labor, services, or investment, constituting a basis for consumption and savings.

Consumer Equilibrium

The point at which the amount of goods purchased by a consumer is equal to their preference at prevailing market prices, maximizing utility.

Utility

The satisfaction or benefit a consumer derives from consuming a good or service.

Income

Money that an individual or business receives, typically as payment for goods or services or through investments.

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