Which of the following statements is not true? a. when capacity is inadequate, market share can shrink. b. when capacity is inadequate, customers can be lost. c. when excess capacity exists, cost can increase. d. when excess capacity exists, cost can decrease.

C. When excess capacity exists, cost can increase

Explanation:

The only False statement in all the given four statement is option C that is When excess capacity exists, cost can increase.

Clearly, the above statement is false because when by the principle of economies of scale at higher capacity, the overall cost of production decreases. ( in simple terms, higher the supply, lesser will be the demand.)

the secretary of state, appointed by the president with the advice and consent of the senate, is the president's chief foreign affairs adviser. the secretary carries out the president's foreign policies through the state department and the foreign service of the united states.

what are the statements.?