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Critical Thinking Questions
-What are the advantages and disadvantages of having so many levels of subnational governments in the United States? Explain.
Full Capacity
The maximum level of output that a company can sustain to make a product or provide a service under normal circumstances.
Operating Capacity
The total output a company can produce using its current resources, under normal working conditions.
Sales
The total amount of a company's revenues generated from the sale of goods or services.
Retained Earnings
The portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment in its core business or to pay debt.
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