Economics · Oct / Nov 2021 · Paper 13 · Question 10
What is an advantage of labour-intensive production and what is an advantage of capital-intensive production?
- Aeach item can be individually made; average costs of production are low
- Bkeeps unemployment down; fixed costs are high
- Cworkers have pride in the product; machinery may break down
- Dworkers have to work hard; there is a ready market for the product
As printed in the paper
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Correct answer: A. each item can be individually made; average costs of production are low
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