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Those Unable to Obtain Desired Goods and Services Through Conventional

question 21

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Those unable to obtain desired goods and services through conventional means may consequently resort to theft and other illegal activities. These activities are known as:


Definitions:

Unused Capacity

The difference between a company's actual production and its maximum potential production if all resources were fully utilized.

Capacity

The maximum level of output that a company can sustain to produce in a given period under normal circumstances.

Machine-Hours

Machine-hours refer to the total time that machinery is in operation, often used as a basis for allocating manufacturing overhead costs.

Unused Capacity

The portion of a company's production capability or resources that is not currently being utilized to generate revenue or output.

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