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The higher the price of capital relative to the price of labour, the more production ...
Classroom
Economics Classroom
Jamb
Jamb 1992
Factors Of Production And Their Theories
Theories Of Factors Of Production
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The higher the price of capital relative to the price of labour, the more production techniques should be?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Labour-intensive
B
Capital-intensive
C
Fixed
D
Technology-intensive
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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