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Which of the Following Statements Is False

question 7

Multiple Choice

Which of the following statements is false?


Definitions:

Capital Intensive

A description of industries or businesses that require large amounts of capital investment compared to labor.

Alternative Technologies

Various methods or means of producing goods or services that differ from current practices, often to improve efficiency or sustainability.

Optimal Method

The best or most efficient approach to achieve a specific goal or solve a particular problem.

Production Maximizes

The process of adjusting the input of production to achieve the highest possible output level or efficiency.

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