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Determine factors that will influence to choice between labor intensive and capital intensive technique?
Size of the business
Is it labor intensive or capital intensive in china?
Both
What is the difference between the marginal product of labor and the marginal revenue product of labor?
moarginal product of labor
What is the difference between labor and labor in economics?
none - labour is the British spelling of the American word, labor, as is harbour, rumour, neighbour, honour and colour.
What is labor intensive farming?
Growing crops using the help of many people.
Labor-intensive and capital intensive?
Labor-intensive refers to a production process that relies more on human labor than machinery or technology, while capital-intensive refers to a process that relies heavily on machinery, equipment, or capital investment rather than on labor. Labor-intensive industries require more manual work and intensive supervision, while capital-intensive industries involve larger investments in equipment and technology.
Why do companies use labor intensive strategies?
Because, investment in Fixed cost (machinery etc) creates leverage...labor can be hired and fired when needed.
Why would use be made of an intensive labor force rather than using intensive technology?
Intensive labor force could put more emphasis on quality, whereas a ton of intense machinery would just do, do, do without any regard to quality that was not programmed into it.
What is the difference between light and heavy industry?
In economics, to simplify, labor and capital. Light industry is labor intensive industry while heavy industry is focused on capital investment.
What is the differentiate between labor and capital intensive technology?
By way of an example: Digging holes can be labor or capital intensive. You can use 1000 workers with cheap shovels (labor intensive) or 1 worker with an expensive "steam shovel" (capital intensive). Some things cannot be done either way like picking strawberries (labor intensive) or manufacturing microcircuits (capital intensive).
Determine factors that will influence to choice between labor intensive and capital intensive technique?
Size of the business
Is it labor intensive or capital intensive in china?
Both
What is the difference between social legislation and labor legislation?
difference between labor law and social legislation
Is labor intensive for diamond?
Yes, labour is intensive for diamond
What is labor intensive production?
it is yellow
Information of free labor vs slave labor?
what is the difference between slave labor and free labor
What is the difference between slave labor and wage labor?
Abraham Lincoln thought the difference was only that wage labor was temporary and slavery was permanent.
