All else equal,firms with (1)excess capacity,(2)low variable costs,and (3)repeat customers are more apt to offer liberal credit terms to their customers than are other firms.Explain why this tendency exists.

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The Answer of All else equal,firms with (1)excess capacity,(2)low variable costs,and (3)repeat customers are more apt to offer liberal credit terms to their customers than are other firms.Explain why this tendency exists.

All Else Equal,firms with (1)excess Capacity,(2)low Variable Costs,and (3)repeat Customers