The Language Translation Software That Converts a Programmer's Statements to Binary

question 10

Multiple Choice

The language translation software that converts a programmer's statements to binary form is called a ____.

• A) processor
• B) compiler
• C) translator
• D) central processing unit

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Definitions:

Market Power

The ability of a company or entity to control prices or exclude competition in a particular market.

Bid Rigging

An illegal agreement between parties to conspire to fix the outcomes of bidding processes to benefit all involved parties unfairly.

Predatory Pricing

The practice of selling a product or service at a very low price with the intent of driving competitors out of the market or creating barriers to entry for potential new competitors.

Meeting-The-Competition Defense

A legal defense allowing a business to justify certain behaviors, such as price fixing, by proving they were necessary to meet a competitor's prices.