Firms Should Maintain Capacity Utilization at 100% at All Times

question 4

Multiple Choice

Firms should maintain capacity utilization at 100% at all times to minimize costs:

• A)Yes, this is the right approach
• B)No, since in practice 100% utilization is already beyond normal practical utilization, and increases costs.
• C)No: in practice this is not feasible, and leaves no room for contingencies
• D)Both b and c above

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Definitions:

Occupational Segregation

The division of labor in which different groups of workers, often based on gender, ethnicity, or race, are systematically allocated different kinds of jobs.

White Males

Refers to adult individuals of the male gender who are identified as being of European descent or belonging to a demographic group characterized by light skin pigmentation.

Experimental Starvation

Research studies that deliberately restrict calorie intake to study the effects of malnutrition or dietary deficiencies on the body.

Aggressive Behavior

Actions characterized by anger or hostility that can result in harm or intimidation to others.