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Lelechka [254]
2 years ago
10

When merchandise is returned for a refund or for credit to be applied to other purchases, the situation is called a(n)

Business
1 answer:
horrorfan [7]2 years ago
4 0

The situation when a merchandise is returned for a refund or for credit to be applied to other purchases is called Purchase return inwards.

<h3>Return inwards</h3>

A purchase return as the name implies occurs when the buyer of a merchandise, services, inventory, fixed assets, or other items sends these goods back to the seller.

These purchase returns when excessive can interfere with the profitability of a business, so they should be closely monitored.

Read more on purchase returns;

brainly.com/question/15864970

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If the total cost of producing 10 jets is $28 million and the total cost of producing 11 jets is $30 million, this firm is exper
nata0808 [166]

Answer:

Economies of scale in the range of 10 to 11 jets.

Explanation:

This firm is experiencing economies of scale, this happens when as a firm or company increases production, the advantage in costs that it receives. There is an inverse relationship between the fixed cost per unit of each jet produced and the number of jet produced. The production of these jets have thereby become efficient from producing 10 at 28m and 11 at 30million.

4 0
3 years ago
Virtual groups resolve issues related to differences in time, distance, technology, member cultures, and organizational environm
kow [346]

The issues on differences in time, distance, technology, member cultures, and organizational environments are address during the <u>storming stage</u> of virtual team formation.

<h3>What is the virtual team formation?</h3>

In a task processes category, the formation consists of five stages which all the virtual teams typically follows which includes forming, storming, norming, performing, and adjourning.

In conclusion, the issues on differences in time, distance, technology, member cultures, and organizational environments are address during the storming stage of virtual team formation.

Read more about virtual team formation

<em>brainly.com/question/25576685</em>

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7 0
2 years ago
Everything else held constant, when prices in the art market become more uncertain:______.
Ira Lisetskai [31]

the demand curve for the bonds shifts to the left and the interest rate rises

when the market is volatile , then the risk associated with the bond is very high . there is an inverse relation ship between risk and demand. when the risk is high, the demand for the bond decrease and the demand curve shifts to the left. also there is an inverse relation ship between the demand and interest rate. hence, when the demand decrease , the interest rate on the bond rises

the explanation for correct option because of an inverse relationship between the risk demand and demand interest rate, the interest rate cant fall when the demand curve shift to the left and when the risk is high , the demand curve shifts to the left only, not to the right .

Learn more about demand curve here.

brainly.com/question/28203108

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8 0
2 years ago
​________ decreases a​ firm's capital stock and​ ________ increases its capital stock.
photoshop1234 [79]
<span>Saving decreases a​ firm's capital stock and​ investment increases its capital stock.

When a company isn't giving out many shares or allowing a person to invest in the companies shares, there is a decrease in the firm's capital stock. In this case, the firm is saving the amount of shares they are allowing to be purchased. When investors are able to invest in the company, there is an increase in capital stock. 


</span>
6 0
3 years ago
One major assumption of economics is that people
storchak [24]
In any field of study, people always start with the ideal scenario in order to eliminate external factors that could only add complexities. Then, when we fully understand the concepts, the calculations gradually evolve to more complex ones to cater to realistic problems.

The basic assumptions that economists do are the following
1. People always have preferences on a set of outcomes and this can be determined through the quantity and quality of their value
2. People always maximize utility or the satisfaction you get out of buying and using the product.
3. Businesses always maximize profit.
4 0
4 years ago
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