Which of the following has a production process that would be considered capital intensive?
A. A chorale
B. Police detective work
C. Auto manufacturing
D. Serving food at a restaurant.
C. Auto manufacturing
Economics
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Railroads had advantages over canals in all respects except
(a) year-around service. (b) speed of delivery. (c) full access to shipping points. (d) there is no "except"; all of the above were advantages of railroads.
Economics
Slaves were
(a) unprofitable substitutes for wage labor on plantations. (b) profitable complements to capital equipment. (c) denied the use of shovels, hoes and axes. (d) all of the above.
Economics