A production method that relies on large quantities of machines and equipment and smaller quantities of labor is referred to as a:
A)variable-input-intensive method of production.
B)labor-intensive method of production.
C)technology-intensive method of production
D)capital-intensive method of production.

Question

Quizplus · Accepted Answer

A production method that relies on large machines and equipment rather than labor is referred to as a capital-intensive method of production.

A Production Method That Relies on Large Quantities of Machines