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What is a variable-length record?
Capital Intensive
A business that depends greatly upon equipment and capital for its operations.
Labor Intensive
A business that is more dependent on the services of people than on money and equipment.
Total Productivity
Measures the efficiency of all inputs to a production process (labor, capital, materials) in generating the output, considering both qualitative and quantitative aspects.
Total Inputs
The sum of all resources used in the production of goods or services, including labor, capital, and materials.
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