Economy, asked by Anmol1314, 1 year ago

identify two situation when actual output is less than potential output

Answers

Answered by Nyaberiduke
21

A situation where the company has employed underqualified personell are likely to experience less actual output than the potential output since the input from the underqualified persons yields lower fruits.

A situation where the company has got limited resources and facilities will likely impact to less output than the potential output since the outdated equipment got a slower rate of production thus leading to less output than the potential output


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