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The Process with the Least Capacity Is Called a Bottleneck

question 49

True/False

The process with the least capacity is called a bottleneck if its output is still greater than the market demand.


Definitions:

Imported

Refers to goods or services brought into one country from another.

Trading Bloc

Consists of those countries that have signed a particular trade agreement.

Trade Activities

Various operations and transactions involved in the buying, selling, or exchange of goods and services between businesses, countries, or entities.

Formal Agreement

A legally binding contract or document specifying the terms and conditions of an arrangement between parties.

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