【单选题】Capacity in excess of expected demand that is intended to offset uncertainty is a:
【单选题】Which of the following is a characteristic of a facility with excess capacity?
A.
Will likely be more efficient per unit of product it produces than one with a lot of unused capacity
B.
Would be very flexible and respond to wide swings in the demands placed on it
C.
Would be considered a high utilization facility
D.
Will have difficulty responding to demand fluctuations
【单选题】The restaurant industry is characterized by excess capacity. This means that:
A.
restaurants are producing more than their profit-maximizing level.
B.
the profit-maximizing level is less than the level that minimizes average total costs.
C.
restaurants are producing less than their profit-maximizing level.
D.
the quantity of restaurant meals supplied exceeds the quantity of restaurant meals demanded.
【单选题】Excess capacity is the
A.
difference between a perfectly competitive firm's and a monopolistically competitive firm's output.
B.
difference between a perfectly competitive firm's and a monopoly's output.
C.
output at the maximum point of the ATC curve.
D.
None of the above answers is correct.
【单选题】They are pushing ahead with mergers in hopes of ____ excess banking capacity.
【单选题】Excess capacity
A.
allows a facility to be very flexible and to respond to wide swings in the demands placed on it.
B.
costs money and therefore can decrease efficiency.
C.
requires proximity to customers and the rest of the network.
【单选题】公式“=SUM(A1:B4)”则下面描述哪项是正确的
【单选题】公式“=SUM(A1:B4)”则下面描述哪项是正确的
【简答题】A monopolistically competitive firm has excess capacity because in theA. short run its MR exceeds its MC. B. short run its ATC is less than its AVC. C. long run its ATC exceeds its minimum ATC. D. lon...
【单选题】Excess capacity and high advertising expenditures are encountered in
B.
monopolistic competition.
D.
non-profit competition.