Question : The technique used where more of capital are used to produce goods and services.
Option 1: Labour-intensive
Option 2: Capital-intensive
Option 3: Both A and B
Option 4: None of the above.
Answer (1)
25th Jan, 2024
Correct Answer:
Capital-intensive
Solution :
Capital-intensive techniques of production involves where more of capital are used to produce goods and services.
Hence Option B is correct.
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