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Underutilization in economics refers to a situation where resources, such as labor or capital, are not being used to their full potential, leading to inefficiencies and lower overall output. This can occur in various forms, such as high unemployment rates or factories operating below capacity. Underutilization often indicates that an economy is not achieving its maximum potential growth, resulting in lost opportunities for production and income. Addressing underutilization typically involves policies aimed at stimulating demand and improving resource allocation.
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Relation of economic geography with economics and other branches of social science?
no relation......
Relationship of economics with stastistics?
There is a strong relation between economics and statistics.Bcoz in both we make graphs:-)
Economics is the study of living things in relation to each other?
Economics is the study of production, distribution and consumption of wealth. The study of living things in relation to each other is known as ecology.
Difference sociology and economic?
what is the diff between sociology and economics
What is the definition of economics by Prof L Robbins?
economics is the study of human behaviors as a relation between ends and scarce resources that have alternative uses.
What is the relation of economics to sociology xy?
what is the relation of economics to sociology
What is the relation of economics to psychology math and history xy?
what is the relation of economics to sociology
What is the relation of economics to social and natural sciences?
The relation is ahehehehhe
Relation of economic geography with economics and other branches of social science?
no relation......
Relationship of economics with stastistics?
There is a strong relation between economics and statistics.Bcoz in both we make graphs:-)
What is the meaning of 'agronomics'?
It's agricultural economics or economics in relation to the production of crops and livestock.See the Related Link.
Economics is the study of living things in relation to each other?
Economics is the study of production, distribution and consumption of wealth. The study of living things in relation to each other is known as ecology.
Relation between economics to physics?
The maths. Otherwise nothing much!
Difference sociology and economic?
what is the diff between sociology and economics
What has the author R P A Johnson written?
R. P. A. Johnson has written: 'Properties of western hemlock and their relation to uses of the wood' -- subject(s): Utilization, Wood, Western hemlock 'Properties of western larch and their relation to uses of the wood' -- subject(s): Western larch, Wood, Utilization
What is the definition of economics by Prof L Robbins?
economics is the study of human behaviors as a relation between ends and scarce resources that have alternative uses.
What does GOP stand for in economics?
Do you mean Grand Old Party? It's political, but lately it has been talked about in relation to Economics, that's probably why you've got it mistaken for being that of Economics. GDP, however, in Economics, is Gross Domestic Product.
