Which of the following industries would be considered to have a labor intensive production process?
A) Writing a novel
B) Farming in a poor country
C) Art restoration
D) All of these industries are labor intensive.
Correct Answer:
Verified
Q21: All factors of production usually experience:
A)diminishing marginal
Q22: In the graph of supply and demand
Q23: Which of the following industries has the
Q24: Which of the following industries would be
Q25: A capital intensive production process is one
Q26: A profit-seeking firm will choose the combination
Q27: A profit-seeking firm will choose the combination
Q28: In the market for the factor of
Q40: A labor intensive production process is one
Q83: A production function represents:
A)the relationship between the
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