In Which of the Following Situations Would a Firm Be

question 97

Multiple Choice

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.

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Definitions:

Tend-And-Befriend Response

A behavioral reaction to stress involving nurturing activities and seeking social support as a coping strategy.

Type A Personality

A behavioral pattern characterized by high levels of competitiveness, self-imposed stress, impatience, and aggression, associated with a higher risk of heart disease.

Telomeres

The protective caps at the end of chromosomes that shorten with each cell division, linked to aging and cell longevity.

Chromosomes

Structures within cells that contain DNA and genetic information, essential for heredity and biological function.