(Table: Capital Intensity Across Industries) According to the
Table, which industry is the MOST labor intensive?
A)Apparel and other textile products
B)Lumber and wood products
C)Primary metal industries
D)Chemicals and allied products

Question

(Table: Capital Intensity Across Industries) According to the
Table, which industry is the MOST labor intensive?
A)Apparel and other textile products 
B)Lumber and wood products 
C)Primary metal industries 
D)Chemicals and allied products

Quizplus · Accepted Answer

The table shows the capital intensity ratio for each industry, which is calculated by dividing the value of capital used in production by the total cost of production. The lower the ratio, the more labor intensive the industry. Among the options given, apparel and other textile products have the lowest ratio, indicating that this industry is the most labor intensive.