Which of the following industries would be considered to have a capital intensive production process?
A)Auto manufacturing
B)Farming in a rich country
C)Carbonated beverages (soda)
D)All of these industries are capital intensive.

Question

Quizplus · Accepted Answer

Capital intensive production processes require a large amount of capital (machinery, equipment, buildings, etc.) relative to the amount of labor required. Auto manufacturing, farming in a rich country, and carbonated beverages (soda) all require a significant amount of capital to produce their products.

Which of the Following Industries Would Be Considered to Have