A- what is prodcution technology? and give an example for the concept. B- What is the labor-intensive technology and what is the capital-intensive technology? explain the difference by providing for each concept an example.
A- what is prodcution technology? and give an example for the concept. B- What is the labor-intensive technology and what is the capital-intensive technology? explain the difference by providing for each concept an example.
Chapter1: Introducing The Economic Way Of Thinking
Section: Chapter Questions
Problem 17SQ
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A- what is prodcution technology? and give an example for the concept.
B- What is the labor-intensive technology and what is the capital-intensive technology? explain the difference by providing for each concept an example.
And thank you!
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