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capacity| In economics, the maximum amount that can be produced when all the resources in an economy, industry, or firm are employed as fully as possible. Capacity constraints can be caused by lack of investment and skills shortages, and spare capacity can be caused by lack of demand. |
capacity| Alternative term for volume, generally used to refer to the amount of liquid or gas that may be held in a container. Units of capacity include litre and millilitre (metric); pint and gallon (imperial). |
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