The disadvantage of extending credit to customers is that the cost may <u>exceed </u>the additional sales revenue received through credit transactions. hence, Option C is the correct statement.
<h3>What do you mean by extending credit to customers?</h3>
The method of extending credit to customers permits them to buy items and services and pay for them later on. Offering credit is usually a win-win for each trader and buyer.
Customers have greater buying strength and have a tendency to shop for greater in the event that they are not restrained to the cash they have got at the time of the sale.
The missing information from the above question is given below:
increase
be less than
exceed
Thus, The disadvantage of extending credit to customers is that the cost may <u>exceed </u>the additional sales revenue received through credit transactions. hence, Option C is the correct statement.
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Answer:
The short-run aggregate supply curve shifts to the left.
Explanation:
A shift in aggregate supply can be as a result of many factors such as changes in the size and quality of labor, technological innovations, an increase in wages, an increase in the cost of production, changes in inflation and changes in the amount of producers taxes.
Increases in the price of such inputs could lead to a shift of the SRAS curve to the left, which means that at each given price level for outputs, a higher price for inputs will hinder production.
Answer:
The price elasticity of demand
Explanation:
you need to know how high the demand is for the toll road.
We are recycling by turning off the lights.
Reusing by using outfits or jeans that aren’t dirty and don’t deserve to be in the washer.Conserving by going to school.What you can do is turn off other peoples lights when they forget to.
Answer: The four types of economic utility are form, time, place and possession. "Utility" in this context refers to the value, or usefulness, that a purchaser receives in return for exchanging his money for a company's goods or services.
