Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please consider the chart below of Total Industry Capacity Utilization Index. This index captures the percentage of resources used by corporations and factories to produce
Please consider the chart below of Total Industry Capacity Utilization Index. This index captures the percentage of resources used by corporations and factories to produce goods in manufacturing, mining, and electric and gas utilities for all facilities located in the United States (excluding those in U.S. territories) in a given period. We can also think of capacity utilization as how much capacity is being used from the total available capacity to produce demanded finished products.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started