In order for firms to remain competitive they have had to control costs, cuttingdown excess capacity and reducing employment.
2.
unsold services
In reality a small amount of excess capacity is expected.
The telecommunications industry is plagued by excess capacity.
If excess capacity develops, the losers will be those with the least attractive products.
Airline officials say excess capacity has pushed inflation-adjusted average faresto levels unseen since the late 1980s, resulting in billions of dollars in annuallosses for the industry.
Examples of 'excess capacity' in a sentence
excess capacity
Some industry experts say excess capacity is beginning to emerge.
Times, Sunday Times (2016)
At this point, there is no excess capacity in the industry.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)