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All else equal, a firm that purchases raw materials on credit will experience: a. a decrease in trade credit with a given increase in purchases
All else equal, a firm that purchases raw materials on credit will experience:
a. a decrease in trade credit with a given increase in purchases
b. no change in trade credit with a given increase in purchases.
c. an increase in trade credit with a given increases in puchases.
d. no change in trade credit with a given decrease in purchases.
e. an increase in trade credit with a given decrease in purchases.
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