Several Studies Have Confirmed That as the Time and Effort

question 10

Multiple Choice

Several studies have confirmed that as the time and effort needed to adopt new technology_________ farmers tend to ________,undertaking less experimentation of their own?

• A) Increases; under-adopt
• B) Increases; free-ride
• C) Decreases; over-adopt
• D) Decreases; under-adopt

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Definitions:

Permanent Working Capital

The minimum amount of investment in current assets that a company needs to sustain its business operations.

Short-Term Debt

Describes obligations and loans that are due to be paid back within a year.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and efficiency in managing its operational needs.

Capital Commitment

The amount of capital a company is obligated to spend over a period, typically for investment in long-term assets or projects.