What is labourer an capital in
Answers
Answered by
0
seria in the first weak
Answered by
0
Answer:
Labour is the amount of work needed to so something, such as how many man-hours it takes to produce a bed.
Capital is cash that the business can spend to produce more and thus sell more.
In business capital intensive would mean it takes a lot of cash to start up and produce, for example, an oil refinery would be capital intensive as huge amount of cash is needed to start producing.
Similar questions