A Loss Occurs When Businesses Sell Products or Services for Less

question 3

True/False

A loss occurs when businesses sell products or services for less than they cost to produce.

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Definitions:

Excited State

A condition of an atom, molecule, or nucleus in which it possesses more energy than its ground state.

Electron

A subatomic particle with a negative charge, found in all atoms and acting as the primary carrier of electricity in solids.

Photon

A quantum of electromagnetic radiation that embodies the concept of light as both a particle and a wave.

Electron

A subatomic particle with a negative charge found in all atoms, contributing to electricity.