Economics 0455 · IGCSE · The factors of production

The factors of production — practice question

At what point is one firm judged to be more capital-intensive than another firm?

  • Awhen it has a lower ratio of workers to machines than the other firm
  • Bwhen it has fewer workers than the other firm
  • Cwhen it has higher variable costs than the other firm
  • Dwhen it has more machines than the other firm

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