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Which of the Following Is a Disadvantage of Accepting Credit

question 116

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Which of the following is a disadvantage of accepting credit cards or debit cards for a business?


Definitions:

Heroin Addicts

Individuals who suffer from the addiction to heroin, a highly addictive opioid drug.

Total Revenue

The aggregate revenue a business accumulates from its sales of products or delivery of services in a given period.

Relatively Inelastic

Describes a situation where the demand for or supply of a good or service is relatively unchanged when the price changes.

Legal Services

Professional services provided by lawyers or legal practitioners concerning consultations, legal documentation, representation, and proceedings in court.

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