Examlex
To add a line around a text box,which of the following should be done?
Excess Capacity
A situation in which a company can produce more goods or services than currently demanded, due to underused resources.
Economic Profit
Profit calculated by subtracting both explicit and implicit costs from total revenues, indicating the efficiency beyond the breakeven point.
Capital-Intensive
Describing industries or processes that require a high level of capital investment in machinery and equipment relative to labor.
Labor-Intensive
A process or industry that requires a high input of labor relative to capital in the production of goods or services.
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