We discussed in the HW video, the fact that businesses which sell on credit do not collect all of the credit sales for various reasons. We said that the businesses compensated for this, in order to remain in business, by: Switching to only selling for cash, Only extending credit to people who will pay, Relaxing their credit policy to include selling to everyone, Raising the price of all goods they sell by a small amount. O All of the above are ways that the businesses compensate