excess capacity theorem

The excess capacity theorem refers to the profit-maximizing equilibrium for firms will be characterized by persistent excess capacity. Harold Demsetz. (1959, 1964excess capacity theorem definition, meaning, English dictionary, synonym, see excess capacity theorem synonyms, antonyms, English dictionary, English languageExcess Capacity - Definition of Excess Capacity on Investopedia - A situation in excess capacity theorem - Online English-Portuguese dictionary.excess capacity theorem - WordReference English-Polish Dictionary.dict.cc German-English Dictionary: Translation for excess capacity theorem.mulation contradicted the so-called excess capacity theorem as presented in ...