what are the activity that increase man's productive capacity TV
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Sustainable productive capacity is here defined as “being attainable within thirty days and sustainable for three months.” OPEC's sustainable productive capacity stood at 29.7 million barrels/day in January 2001 with a 99% capacity utilization (see Table III). The organization's immediately available spare capacity stood then at 390,000 barrels/day. However, with the production cutbacks since March 2001, spare capacity has risen to 4 million barrels/day
The capital costs of maintaining and expanding OPEC's capacity over a 5-year period are estimated at $112 billion, money that members do not have. These projected costs are based on the member countries' planned capacity increase of 7 to 36.7 million barrels/day.
The capital costs of maintaining and expanding OPEC's capacity over a 5-year period are estimated at $112 billion, money that members do not have. These projected costs are based on the member countries' planned capacity increase of 7 to 36.7 million barrels/day.There is no non-OPEC spare capacity. The financial incentive of high oil prices and firm demand mean that every non-OPEC oilfield is being exploited and any capacity brought onstream is being utilized as quickly as possible.
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