If a firm's suppliers stop offering cash discounts, then its use of trade credit is more likely to increase than to decrease, other things held constant.

Name: If a firm's suppliers stop offering cash discounts, then its use of trade credit is more likely to increase than to decrease, other things held constant.
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Question

Quizplus · Accepted Answer

If suppliers stop offering cash discounts, the firm is more likely to turn to trade credit as a way to finance its purchases, which means an increase in the use of trade credit.

If a Firm's Suppliers Stop Offering Cash Discounts, Then Its