As a Firm Increases Its Use of Labor Relative to Capital

question 77

Multiple Choice

As a firm increases its use of labor relative to capital, it is becoming more:

• A) capital intensive.
• B) labor intensive.
• C) efficient.
• D) cost conscious.

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Definitions:

Job Enlargement

A strategy for increasing the variety of tasks and responsibilities in a job to enhance worker satisfaction and productivity.

Flextime

An alternative work pattern that enables employees to set their own daily work schedules.

Job Sharing

An alternative work pattern in which more than one person occupies a single job.

Labor Pool

The supply of available workers in a particular region or industry.