Which of the following factors in an industry is most likely to cause excess capacity?
A)Technologically outdated production units
B)High customer demand
C)Increasing age of a company's physical assets
D)Lack of competition from new entrants
E)Limited number of outlets in certain locations

Question

Which of the following factors in an industry is most likely to cause excess capacity?
A)Technologically outdated production units
B)High customer demand
C)Increasing age of a company's physical assets
D)Lack of competition from new entrants 
E)Limited number of outlets in certain locations

Quizplus · Accepted Answer

The Answer of Which of the following factors in an industry is most likely to cause excess capacity?
A)Technologically outdated production units
B)High customer demand
C)Increasing age of a company's physical assets
D)Lack of competition from new entrants 
E)Limited number of outlets in certain locations

Which of the Following Factors in an Industry Is Most