When ______ is relatively scarce, ______ methods of production will be relatively less expensive. a. Capital; capital-intensive.
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When ______ is relatively scarce, ______ methods of production will be relatively less expensive.
a. Capital; capital-intensive.
b. Capital; labor-intensive.
c. Labor; capital-intensive.
d. Labor; labor-intensive.
e. Both capital; labor-intensive and labor; capital-intensive are true.
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e Both capita...View the full answer
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