Working Capital Is

question 137

Multiple Choice

Working capital is

• A)current assets plus current liabilities.
• B)current assets minus current liabilities.
• C)current assets divided by current liabilities.
• D)current assets multiplied by current liabilities.

---

Definitions:

Inelastic

Characterizes a condition in which the demand for a good or service is relatively unresponsive to changes in its price.

Elasticity of the Demand

A measure of how the quantity demanded of a good responds to a change in its price.

Technological Changes

Innovations or improvements in technology that enhance productivity, efficiency, or quality in the production of goods and services.

Monopoly Power

The exclusive control or possession of the supply or trade in a commodity or service, often eliminating competition.