In Macronomics today, we will check something that came from the RBI recently - a Capacity Utilization Survey. This indicates how much of available capacity is being used now, across all industries. In December, it seems the utilization levels had reached nearly 76%, the highest since Jan 2013!
This provides a simple question: What is Utilization, for goodness' sake?
Let's say you own a printer. It can print, if used continuously, 1000 sheets per hour. You can use it for, say, 16 hours at a time, and it has to rest for 8 hours.
The capacity of this machine is . . .