Why might production be labor intensive in one economy but be capital intensive in another?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 16, 2023 12:03 AM

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Why might production be labor intensive in one economy but be capital intensive in another?

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Production will tend to be labor intensive where labor is relatively plentiful and th...View the full answer

Exploring Economics

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