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insherro insherro
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7 years ago
In which of the following situations would a firm be more likely to rely on a capital-intensive method of production?
A) When the rate of technological innovation is low.
B) When capital is relatively expensive.
C) When the firm's output cannot be produced using the assembly line method of production.
D) When labor supply is limited relative to the available amount of capital.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
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University of Ottawa - Economics for Managers
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toogootoogoo
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7 years ago
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