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Question 1 A production method that relies on large quantities of machines and e

ID: 402418 • Letter: Q

Question

Question 1    A production method that relies on large quantities of machines and equipment and smaller quantities of labor is referred to as a: Answer
  1. variable-input-intensive method of production.
  2. labor-intensive method of production.
  3. capital-intensive method of production.
  4. technology-intensive method of production

Question 1    A production method that relies on large quantities of machines and equipment and smaller quantities of labor is referred to as a: Answer
  1. variable-input-intensive method of production.
  2. labor-intensive method of production.
  3. capital-intensive method of production.
  4. technology-intensive method of production

Explanation / Answer

capital-intensive method of production.

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