Economy, asked by ss1249311, 5 months ago

analys reason why car production has become more capital intensive​

Answers

Answered by Anonymous
2

Explanation:

Your required answer is here

Airlines, auto manufacturers, and drilling operations are often considered capital-intensive businesses because they require large amounts of expensive equipment and raw materials to make their products. ... The higher the ratio between capital and labor expenses, the more capital intensive a business is.

Answered by MuhammdAslam
3

Answer:

Airlines, auto manufacturers, and drilling operations are often considered capital-intensive businesses because they require large amounts of expensive equipment and raw materials to make their products. ... The higher the ratio between capital and labor expenses, the more capital intensive a business is.

Explanation:

Capital intensive refers to a productive process that requires a high percentage of investment in fixed assets (machines, capital, plant) to produce. A capital-intensive production process will have a relatively low ratio of labour inputs and will have higher labour productivity (output per worker).

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