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Instructions: Please write a thorough, well-organized essay to answer each question. What were the main characteristics of nineteenth-century liberalism, and in what ways did it represent an engagement with Enlightenment ideals? Draw on specific examples of liberal doctrines and figures to support your assessment.
Unused Capacity
The portion of a company’s resources or capabilities that are not currently utilized or producing income.
Capacity
The maximum output that a company can produce under normal conditions over a certain period.
Predetermined Overhead Rate
A rate calculated at the beginning of a period, used to allocate overhead costs to products based on a particular activity base.
Machine-Hours
A metric assessing the amount of produced goods or operations based on machines' operation duration.
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