TERMIUM Plus®

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SURPLUS PRODUCTIVE CAPACITY [1 record]

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Alphabetical list of terms

Record 1 2016-02-25

English

Subject field(s)
  • Production Management
CONT

If many monopolists entered the industry, with all keeping their price too high but with total business so divided up among them that none ends up making any exorbitant monopoly profit. Then the evil effect on the income distribution would not exist, but the resulting wasteful pattern of overcapacity in the industry and too high price could persist until doomsday.

French

Domaine(s)
  • Gestion de la production

Spanish

Campo(s) temático(s)
  • Gestión de la producción
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