Economics · Industrial Sector
Which of the following best explains the concept of 'capacity utilisation' in industrial analysis?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Ratio of capital formation to GDP
- 2Share of exports in total manufacturing output
- 3Proportion of installed productive capacity that is actually used✓
- 4Ratio of industrial employment to total labour force
Correct answer
Proportion of installed productive capacity that is actually used
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