Which of the following is likely to be most capital-intensive?
A) Farming in developing countries.
B) Production of apparel by the Chinese.
C) Oil refining in the United States.
D) None of the choices are correct.
Correct Answer:
Verified
Q61: In terms of an economy's production possibilities
Q69: When workers move from one industry to
Q71: As a nation's average education level increases,the
Q72: The term factor of production refers to
A)Only
Q72: Production processes that use a high ratio
Q73: Factor mobility refers to
A)Technological change in the
Q76: According to economists,which of the following is
Q77: When economists describe a production process as
Q78: The investment in human capital through education
Q79: How will an increase in the level
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents