Question 11. Labour intensive technique ischosen in a(a) Labour surplus economy.(b) Capital surplus economy.(c) Developed economy.(d) Developing economy.

According to the given question Labour intensive technique in economics is that technique with…

Answered: Question 11. Labour intensive technique…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question 11. Labour intensive technique is chosen in a (a) Labour surplus economy. (b) Capital surplus economy. (c) Developed economy. (d) Developing economy.