A 2/10, net 30 credit policy: A) tends to increase the seller's investment in receivables as compared to a straight net 30 policy. B) is an expensive form of short-term credit if a buyer forgoes the discount. C) provides cheap financing to the buyer for 30 days. D) is an inexpensive means of reducing the seller's collection period if every customer takes the discount. E) tends to have little effect on the seller's collection period.

B) is an expensive form of short-term credit if a buyer foregoes the discount.

Explanation:

The 2/10 net 30 credit policy refers that if the payment is made within the 10 days by the buyer, the seller allows the 2% and the total number of credit days allowed is 30 days

Therefore this credit policy derived that it is  a costly form of short-term credit if a purchaser refrains from discount

Hence, b option is correct

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answerboth the short run phillips curve and the aggregate demand and aggregate supply model