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insherro insherro
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Posts: 671
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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
Author:
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1 Reply
University of Ottawa - Economics for Managers
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toogootoogoo
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7 years ago
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insherro Author
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7 years ago
This helped my grade so much Perfect
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Yesterday
Good timing, thanks!
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2 hours ago
Thanks
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