Question #222190

Excess capacity linked to

Expert's answer

Excess capacity linked to over-investment, repressed demand, technological improvement, and external shocks such as a financial crisis among other components.

Excess capacity occurs when a firm operates or is producing output at less than the optimum level.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

LATEST TUTORIALS
APPROVED BY CLIENTS