Production Processes That Use a High Ratio of Capital to Labor

question 67

Multiple Choice

Production processes that use a high ratio of capital to labor inputs are referred to as

• A)Labor-intensive.
• B)Production-intensive.
• C)Capital-intensive.
• D)Factor-intensive.

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Definitions:

Default Judgment

Judgment for the plaintiff that occurs when the defendant fails to respond to the complaint.

Plaintiff

The party who initiates a lawsuit seeking legal remedy from the court for some harm or injury suffered.

Defendant

A person, company, or institution sued or accused in a court of law.

Complaint

A formal expression of dissatisfaction or allegation of wrongdoing in a legal or professional context.