A manufacturer of washing machines has expanded its plant and created excess capacity, just as the general economy takes a downt

Question

BARSIC [14]

1 year ago

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A manufacturer of washing machines has expanded its plant and created excess capacity, just as the general economy takes a downt

urn. the company is likely to?

Business

1 answer:

AURORKA [14] · Answer 1 · 2024-02-24T09:28:36+03:00

If the entire economy should take a downturn, the effect on the manufacturer would be to : offer rebates and incentives for customers who purchase washing machines.

<h3>What is meant by an economic downturn?</h3>

This is the term that is used to refer to the economic downturn that is experienced in a particular economy for a given period of time. This period would usually bring about the failure of the market with the producers and sellers making little gains in the market.

Hence we cam say that If the entire economy should take a downturn, the effect on the manufacturer would be to : offer rebates and incentives for customers who purchase washing machines.

Read more on economic downturn here: brainly.com/question/7201254

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