Under which market condition do firms have excess capacity?

Related MCQs

• Preferential treatment for firms that sell their products abroad, compared with firms that sell to the home market; is called:
• Under perfect competition, the industry does not have any excess capacity because each firm produces at the minimum point on its -
• The value of the output of all goods and services produced within a nation's borders, normally given as a total for the year. It thus includes the production of foreign owned firms within the country, but excludes the income from domestically owned firms located abroad, is called:
• A market in which there are a few number of large firms is called as
• Different firms constituting the industry, produce homogeneous goods under
• Buyers and Sellers will have perfect knowledge of market conditions under -
• The system of agricultural support by which market prices are fixed at above free market levels and government buys surpluses, thus supporting prices and raising farmer’s income is called:
• Inwhich market structure is the demand curve of the market represented by the demand curve of the firm?
• Money market is a market for -
• The market for long term loanable funds as different from the market that deals in short term loans is called: