Capital intensive technique would get chosen in a

CA Foundation · Business Economics · MTP · June 2024
Capital intensive technique would get chosen in a
(A) A. labour surplus economy
(B) B. capital surplus economy
(C) C. developed economy
(D) D. developing economy

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. capital surplus economy

Topics: Nature & Scope of Business Economics

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