Long-run supply curves for a purely competitive industry can never be downsloping.

Informs the seller of the reasons for the return of merchandise or the request for a price allowance.
A)Freight
B)Delivery Expense
C)Inventory
D)Sales discount
E)Purchases Returns and Allowances
F)Debit memo
G)Purchases discount
H)Trade discount

The opportunity cost of using resources to produce more of one good instead of more of another good is its

A) marginal revenue.
B) marginal cost.
C) price.
D) total cost.

The chaotic and demanding nature of managerial work makes ________ one of the most important administrative skills for leaders.

A) conflict resolution
B) interpersonal skills
C) analytical decision making
D) time management

Ethical investors buy the securities of firms that behave according to accepted ethical and moral standards.

Statutes do not always have the effect they were intended to have.