Which of the Following Factors in an Industry Is Most

question 18

Multiple Choice

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• A) Technologically outdated production units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) A company's investments in newer production technology
• D) Lack of competition from new entrants
• E) Limited number of outlets in certain locations

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Definitions:

Grocery Budget

An estimate of the amount of money allocated for spending on food and household supplies within a certain period.

Pie Chart

A circular chart divided into sectors, each representing a proportion of the whole, typically used to visualize percentages or statistical data.

Percentage

Symbolized by %, it represents a number or ratio expressed as a fraction of 100, used to denote proportions, rates, or comparative statistics.

Column Chart

A type of graph that uses vertical bars to represent data values, with each bar's height corresponding to the data value.