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Use the figure below to answer the following questions.
Figure 1A.1.5
-The graphs in Figure 1A.1.5 are examples of
Flexible Manufacturing
The direction of machinery by computers to adapt to different versions of similar operations.
Labor-Intensive
Describes industries or businesses that require a large amount of labor to produce goods or provide services, often resulting in higher labor costs.
Capital-Intensive
Refers to businesses or industries that require significant amounts of capital investment in machinery, equipment, or large-scale infrastructure to produce goods or services.
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