Examlex
Which one of the following will increase net working capital? Assume that the current ratio is greater than 1.0.
Substitutes
Goods or services that can be used in place of each other, where the use of one increases the likelihood of the use of the other decreasing.
Price-Elastic
A characteristic of goods or services for which their demand or supply significantly changes with small changes in price.
Mass Transit
Public transportation systems designed to move large numbers of people efficiently via buses, trains, subways, and other modes of transport.
Price Elasticity
A gauge of the responsiveness of the quantity of a good supplied or sought after to fluctuations in its price.
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