TERMIUM Plus®

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EXCESS-CAPACITY OPERATION [1 record]

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Record 1 1981-01-28

English

Subject field(s)
  • Commercial Establishments
OBS

The imperfect competitors make no monopoly profits, but price does not get lowered to the bottom-of-the-U level. The consumer has to pay for chronic excess-capacity operation of too many sellers, each producing too little.

French

Domaine(s)
  • Établissements commerciaux

Spanish

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