"Embodied Technical Change" Is Said to Occur When

question 26

Multiple Choice

"Embodied technical change" is said to occur when

• A)older capital equipment is replaced with different,more productive,capital.
• B)the capital-labour ratio is increasing.
• C)innovations in the organization of production take place which do not involve changes in the form of capital used.
• D)techniques of managerial control are improved.
• E)the labour force acquires new skills that can be used across a wide range of industries.

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Definitions:

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A balanced eating plan that does not impose strict restrictions and is intended for maintaining or improving overall health.

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