What is the amount of productive capacity available over and above that used to meet consumer demand in the current period called?

Question

Quizplus · Accepted Answer

The amount of productive capacity available over and above that used to meet consumer demand in the current period is called idle time. This refers to the time when employees or machines are not being fully utilized to produce goods or services. It is important for managers to identify and reduce idle time as it represents a cost to the business without generating any revenue.

What Is the Amount of Productive Capacity Available Over and Above