Solved

When Comparing Countries with Big Labor Supplies Like India to Countries

Question 135

Multiple Choice

When comparing countries with big labor supplies like India to countries with relatively lower labor supplies like the United States and Canada,we would expect production in countries like India to be


A) labor intensive because of the relative abundance of labor.
B) labor intensive because of the relatively high expense of labor.
C) capital intensive because of the high value of capital.
D) capital intensive because of the relative scarcity of labor.
E) labor intensive because of traditional production practices.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents