Which of the following is NOT one of the conditions that fixed-capacity firms may face?
a.
Excess capacity.
b.
Demand exceeds desired capacity.
c.
Demand and supply are well-balanced.
d.
Ideal demand exceeds capacity.
e.
Excess demand.
Answer: D
Which of the following is NOT one of the conditions that fixed-capacity firms may face?
a.
Excess capacity.
b.
Demand exceeds desired capacity.
c.
Demand and supply are well-balanced.
d.
Ideal demand exceeds capacity.
e.
Excess demand.
Answer: D