If a Good Is Labor Intensive It Means That the Good

question 29

Multiple Choice

If a good is labor intensive it means that the good is produced

• A) using relatively more labor than goods that are not labor intensive.
• B) using labor as the only input.
• C) using more labor per unit of output than goods that are not labor intensive.
• D) using labor such that the total cost of labor is greater than the total cost of capital.
• E) using labor such that the cost of labor is more than 50% of total cost.

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Definitions:

Psychoactive Drug

A chemical substance that changes brain function and results in alterations in perception, mood, consciousness, cognition, or behavior.

Western Societies

Cultures and societal structures primarily found in the Western hemisphere, often characterized by democratic governance, capitalism, and individualism.

Negative Consequences

Unfavorable or harmful outcomes resulting from an action or condition.

Brain Centers

Specific areas in the brain responsible for various functions, such as movement, sensory processing, or emotional regulation.