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  • 13-01-2020
  • Business
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______ The underutilization of resources that occurs when the quantity of output a firm chooses to produce is less than the quantity that minimize

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matthewadeyinka10
matthewadeyinka10 matthewadeyinka10
  • 14-01-2020

Answer:

Excess capacity is a term used to described the under-utilization of resources that occurs when the quantity of output a firm chooses to produce is less than the quantity that minimizes.

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