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NYC NYC
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8 years ago
When a capital-intensive technology is used, an expansion is likely to:
A) increase the demand for labor and decrease the demand for capital.
B) increase the demand for labor while increasing the demand for capital only modestly.
C) substantially increase the demand for capital while increasing the demand for labor only modestly.
D) substantially increase the demand for both labor and capital.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Perfect answer, thank you
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