Capital Rationing Is a Process Adopted When a Company Has

question 49

True/False

Capital rationing is a process adopted when a company has limited resources,and it must find ways to reduce operating expenses in all of its divisions and units.

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Definitions:

Medicaid

A social health care program for families and individuals with low income and resources, principally funded by the federal government and the states.

Government Subsidies

Financial assistance provided by the government to individuals, organizations, or industries to encourage or support certain activities or reduce their costs.

Health-Care Services

Services provided to individuals or communities by health professionals for the purpose of promoting, maintaining, monitoring, or restoring health.

Inelastic

Describing a situation in which the quantity demanded or supplied of a good or service is relatively unresponsive to changes in price.