Providing customer credit usually results in increased sales revenues and lowered transaction costs.

Question

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Providing customer credit means that customers can purchase goods or services without needing to immediately pay the full price, which can increase sales revenues. Additionally, offering credit can streamline the payment process and lower transaction costs. However, there is a risk of customers not paying back their debts, which can result in financial losses for the business.

Providing Customer Credit Usually Results in Increased Sales Revenues and Lowered