A Firm Becomes More Capital-Intensive When It

question 91

Multiple Choice

A firm becomes more capital-intensive when it:

• A) reduces the ratio of output to capital.
• B) increases the ratio of output to labor.
• C) reduces the ratio of capital to labor.
• D) increases the ratio of capital to labor.

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Definitions:

Biological Explanations

These explanations attribute behaviors, mental states, and physiological conditions to biological factors, such as genetic, neurological, or evolutionary mechanisms.

Human Behaviour

Refers to the range of actions and mannerisms exhibited by humans in conjunction with their environment, which are influenced by culture, attitudes, emotions, values, ethics, authority, rapport, hypnosis, persuasion, coercion, and genetics.

Releasers

Specific stimuli in the environment thought by ethologists to trigger aggressive responses.

Ethologists

Scientists who study animal behavior in natural environments, focusing on the biological and evolutionary contexts of behavior.