**Understanding Capital Deepening****Question:**Which of the following is an example of capital deepening?- **A.** Doctors use more sophisticated ultrasound and MRI machines for better diagnosis- **B.** Streaming technologies have improved in the last few years- **C.** Cars now have more safety features- **D.** More private companies are developing technologies for space exploration and research**Explanation:**Capital deepening refers to the process of increasing the amount of capital per worker, which typically involves more sophisticated or technologically advanced tools and equipment that enhance productivity. **Answer:**Option **A** represents an example of capital deepening, as it involves using more advanced medical equipment to improve the quality and efficiency of healthcare services.

Capital deepening means a rise in the proportion of the quantity of capital stock to the number of…

Which of the following is an example of capital deepening? O A. Doctors use more sophisticated ultrasound and MRI machines for better diagnosis ○ B. Streaming technologies have improved in the last few years O C. Cars now have more safety features O D. More private companies are developing technologies for space exploration and research.

Which of the following is an example of capital deepening? O A. Doctors use more sophisticated ultrasound and MRI machines for better diagnosis ○ B. Streaming technologies have improved in the last few years O C. Cars now have more safety features O D. More private companies are developing technologies for space exploration and research.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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