Economics B A-Level
Full capacity output
What Full capacity output means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Full capacity output
Check what you remember
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Reference: Pearson Edexcel
The maximum level of real GDP an economy can produce when all available factors of production are fully and efficiently employed.
Topics that use Full capacity output
- The AD/AS model (Pearson Edexcel A-Level)
Related terms
- Aggregate Demand (AD)
- Cost-push inflation
- Costs of production
- Demand-pull inflation
- Factors of production
- Macroeconomic equilibrium
- Movement along the AD curve
- Productive capacity
Using Full capacity output in the exam
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