Which of the following statements is correct?
A) An auto manufacturer is less capital intensive than a bakery.
B) An accounting firm is more capital intensive than a railroad.
C) An oil refinery is more capital intensive than Starbucks.
D) None of the options are correct.

Question

Quizplus · Accepted Answer

An oil refinery requires significant investment in heavy machinery, large facilities, and technology to process crude oil into usable products, making it more capital intensive than Starbucks, which primarily needs retail space and relatively less expensive equipment for coffee preparation.

Which of the Following Statements Is Correct