Examlex
Which of the following types of plans describes a company and its product or service to potential customers or suppliers?
Capital-Using Technology
An improvement in technology that requires the use of a greater amount of capital to produce a specific quantity of a product.
Capital-Saving Technology
An improvement in technology that permits a greater quantity of a product to be produced with a specific amount of capital (or permits the same amount of the product to be produced with a smaller amount of capital).
Capital Consumption
The diminution of physical capital's value over time due to use, wear and tear, or obsolescence, also known as depreciation.
Private Capital Flows
Financial resources transferred from private entities in one country to private entities in another, typically through direct investment or loans.
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