Production Processes That Use a High Ratio of Capital to Labor

question 67

Multiple Choice

Production processes that use a high ratio of capital to labor inputs are referred to as

• A)Labor-intensive.
• B)Production-intensive.
• C)Capital-intensive.
• D)Factor-intensive.

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Definitions:

Major Depression

An emotional disorder defined by a consistent feeling of despondency or a waning interest in day-to-day pursuits, drastically impeding daily activities.

Substance Abuse

The detrimental or dangerous consumption of mind-altering substances, such as alcohol and illegal drugs.

Anxiety Disorders

A group of mental health disorders characterized by excessive fear, worry, or anxiety that interferes with daily activities.

Bipolar Disorder

A mental health condition that causes extreme mood swings that include emotional highs (mania or hypomania) and lows (depression).