× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
parneetgill parneetgill
wrote...
Posts: 468
5 years ago
If a firm has excess capacity, then

• the firm expends too much of its resources on advertising its product without seeing an appreciable increase in sales.

• the firm is not producing its minimum efficient scale of output.

• the firm's long-run average cost of producing a given quantity exceeds its short-run cost of producing that same quantity.

• the firm's quantity supplied exceeds its quantity demanded.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 60 times
3 Replies

Related Topics

Replies
wrote...
5 years ago
the firm is not producing its minimum efficient scale of output.
parneetgill Author
wrote...
5 years ago
Thank you, thank you, thank you!
wrote...
2 years ago
Thank you
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1243 People Browsing
Related Images
  
 695
  
 159
  
 311
Your Opinion
What's your favorite funny biology word?
Votes: 328

Previous poll results: Do you believe in global warming?