We Say That Commodity Y Is K-Intensive with Respect to X

question 8

Multiple Choice

We say that commodity Y is K-intensive with respect to X when:

• A)more K is used in the production of Y than X
• B)less L is used in the production of Y than X
• C)a lower L/K ratio is used in the production of Y than X
• D)a higher K/L is used in the production of X than Y

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Definitions:

Upper-middle-class

A socioeconomic group that is above the middle class, characterized by higher income, education, and occupational prestige.

Ethnic Minority Students

Students who belong to racial or ethnic groups that are not in the majority within a particular society or educational institution.

Community Colleges

Educational institutions that provide two-year academic and vocational programs, often serving as a more accessible and affordable option for higher education.