Which of the following is NOT TRUE about the process of capital intensification?
A) is essentially the substitution of capital for labor
B) is a long term trend under capitalism
C) when firms seek to reduce costs and raise productivity by using machines instead of workers
D) is most likely to be used when labor costs are low
E) is most likely to be used when labor costs are high
D
You might also like to view...
At the current rate of consumption, United States recoverable coal reserves will be exhausted in ________ years.
A. 90 B. 350 C. 125 D. 250 E. 10
Which of the following will reduce the rate of global population growth?
A) Lifting all immigration moratoriums B) Encouraging women to reproduce earlier C) Making birth control options readily available in developed countries D) Changing the global total fertility rate to 2
Renewable primary energy sources include all of the following except ________
A) biomass B) sunlight C) natural gas D) wind E) ocean tides
The region with the highest average ocean temperatures in the world are
A) along the Gulf Stream in the North Atlantic. B) in the Western Pacific Warm Pool in the southwestern Pacific Ocean. C) near the Benguela Current in the South Atlantic. D) east of the Humboldt Current long South America's Pacific Coast.