The article titled "Premium Coffee Shops May Be Nearing Saturation Point" describes an area that has at least eight coffee shops within a two-mile radius.This is most likely an example of

Question

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Excess capacity refers to a situation where there is more supply than demand in a particular market. In this case, having at least eight coffee shops within a two-mile radius suggests that there may be too many coffee shops for the demand in that area, indicating excess capacity.

The Article Titled "Premium Coffee Shops May Be Nearing Saturation