Which of the following industries would be considered to have a capital intensive production process?
A) Auto manufacturing
B) Farming in a poor country
C) Writing a novel.
D) Art restoration.

Question

Quizplus · Accepted Answer

Auto manufacturing involves heavy investments in machinery, equipment, and technology to produce cars. Therefore, it is considered a capital-intensive industry. In contrast, farming in a poor country, writing a novel, and art restoration may require some capital investment but not to the extent of auto manufacturing.

Which of the Following Industries Would Be Considered to Have