Approximately One-Half of All SBA Loan Guarantees Are for Machinery

question 82

True/False

Approximately one-half of all SBA loan guarantees are for machinery and equipment or working capital.

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Definitions:

Price

The amount of money required to purchase a good or service.

Marginal Costs

The change in total costs that arises when the quantity produced is incremented by one unit; it is the cost of producing one more unit of a good.

Potential Customers

Individuals or businesses that have not yet purchased but have shown interest in a company's products or services.

Expected Profit

The anticipated financial gain from an investment or business activity, considering possible risks and rewards.