Production processes that use a high ratio of capital to labor inputs are referred to as
A) Labor-intensive.
B) Production-intensive.
C) Capital-intensive.
D) Factor-intensive.
Correct Answer:
Verified
Q65: The government intervenes in the economy to
Q66: Productivity is a measure of
A)Output per unit
Q67: When economists describe a production process as
Q68: An example of human capital would be
A)A
Q69: When workers move from one industry to
Q70: As a nation's average education level increases,the
Q72: The investment in human capital through education
Q73: Factor mobility refers to
A)Technological change in the
Q74: Which of the following will increase the
Q75: According to economists,which of the following is
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