The terms of an invoice are 3/10, n/25 this means that a <u>discount of 3% is allowed if the invoice is paid within 10 days</u> of the invoice date.
3/10, n/25 this means that a 10% cash discount is available if the invoice is paid within 10 days, pay the net price if covered within 25 days of the invoice date. Discounts are reductions of the normal fee of a product or service with the purpose to obtain or growing income.
Trade discount refers to the deduction given by using the supplier to the purchaser within the catalog price of the goods. Cash discount implies the allowance granted to the clients by means of the supplier on the billing fee, for immediate payment.
A cash discount also referred to as a purchase cut price or income discount, is a reduction in the purchase fee of an excellent because of an early cash charge. In different words, the seller of products is inclined to lessen the fee of the goods if the purchaser is inclined to pay for the coolest in advance.
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As Mei lives in a country where she is free to keep profits from her business and use them as she wishes within legal limits, the type of economy system is known as <u>capitalism</u>.
<h3>What is a
capitalism?</h3>
This refers to an economic system in which private individuals or businesses own capital goods and can employ workers (labor) who only receive wages. Generally, the overall production of goods and services under capitalism is based on supply and demand in the general market—known as a market economy rather than planned economy or command economy.
In conclusion, the known purest form of capitalism is a free market or laissez-faire capitalism.
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Answer:
Skilled labor
Explanation:
As per the modern economic growth theory, the economic growth would be possible via expenditure done on research & development and have the knowledge regarding innovations so for this the skilled labor is required that helps in research & development and so for innovations
So as per the given statement, the skilled labor is the correct option
Hence, the same is to be considered
Answer:
B. the door-in-the-face strategy
Explanation:
The door-in-the-face strategy is a largely used method in social psychology, marketing and sales. It starts with the seller/advertiser/persuader having a big request for the other person, knowing it will probably be turned down. Afterward, the seller/advertiser/persuader proposes a smaller request.
Many studies and researches have shown that people would more often <em>say yes</em> to the smaller request when it is made following the large request, rather than the small request being proposed alone.
In this example, the advertising committee is hoping that people would surely accept the smaller lawn sign after they initially propose the big sign, due to this strategy.
Solution :
Initial amount is : $1091 .
Rate, r = 0.12 .
Let, amount will be $1728 in t years.
So,
Hence, this is the required solution.
