While Only a Small Percentage of Small Businesses Export,the Number

question 15

True/False

While only a small percentage of small businesses export,the number has increased dramatically in the last decade.

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Definitions:

Price Increase

A situation where the selling price of goods or services is raised by a company.

Unit Sales

The volume of product sold, representing a key measure of a company's performance and sales activity.

Variable Expense

Expenses that change in proportion to the amount of goods produced or the volume of sales, like materials or commissions on sales.

Selling Price

The amount of money for which a product or service is sold to customers, setting the revenue baseline for a business.