When a Firm Is Said to Have No Spare Capacity

question 55

Multiple Choice

When a firm is said to have no spare capacity, it:

• A) has no need for new employees.
• B) currently has no inventory available for sale.
• C) must issue new equity to grow.
• D)must increase fixed assets to increase sales.

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Definitions:

United States

A country located in North America, comprising 50 states, a federal district, five major self-governing territories, and various possessions.

Heritability

The proportion of variation in traits in a population that can be attributed to genetic variation among individuals.

IQ

Intelligence Quotient (IQ) is a measure used to assess human intelligence, derived from standardized tests.

Cultural Differences

The variations in practices, beliefs, and norms observed among various ethnic, regional, or national groups.