One Potential Advantage of Bitcoin Over Conventional Currency Is

question 210

Multiple Choice

One potential advantage of Bitcoin over conventional currency is

• A)limited supply means less inflation.
• B)digit currency is less likely to be stolen.
• C)digit currency is easier for government to tax.
• D)more sellers accept it than conventional currency.
• E)bitcoin charges a higher transaction fee than credit cards.

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Definitions:

Contribution Margin

The amount by which a product's sales revenue exceeds its variable costs, used to cover fixed costs and towards profit.

Marginal Cost

The additional cost incurred by producing one more unit of a product or service.

Incremental Cost

Incremental cost is the additional cost associated with producing one more unit of a product or service.

Operating Cash Flow

Operating cash flow is a measure of the cash generated by a company's regular business operations, indicating the company's ability to generate sufficient positive cash flow to maintain and grow its operations.