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There Are Pros and Cons of Accepting Credit and Debit

question 10

Multiple Choice

There are pros and cons of accepting credit and debit cards for payment in the medical practice.Match the description to either a "pro" or "con." Note: Answers may be used more than once.
-​Businesses see small processing fees for each credit card transaction


Definitions:

Tax Revenue

The financial returns that governments earn from taxes.

Tax

An essential monetary obligation or different kind of dues enforced on a taxpayer by a governmental institution for the purpose of funding state expenses and a variety of public outgoings.

Good

In economics, a good is a material that satisfies human wants and provides utility, for example, to a consumer making a purchase of a satisfying product.

Equilibrium Price

The market price where the quantity of goods supplied is equal to the quantity of goods demanded, leading to market balance.

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