An economy operating its plant and equipment at full capacity implies a capacity utilization rate of _____.

Question:

An economy operating its plant and equipment at full capacity implies a capacity utilization rate of _____.

a) 40 percent

b) 70 percent 

c) 85 percent

d) 100 percent

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

Question Posted: