Kizspy | Question: 9
(Choose 1 answer)
(16017)If a good is capital intensive it means that the good is produced
A. using capital as the only input
B. using relatively more capital than goods that are not labor intensive.
C. using capital such that the cost of capital is more than 50% of total cost.
D. using more capital per unit of output than goods that are not capital intensive.
E. using capital such that the total cost of capital is greater than the total cost of labor.
