Question 261995EconomicsJAMB

When compared with a labor-intensive industry, a capital-intensive industry employs more

A

workers than capital

B

workers than machinery

C

raw material than capital

D

machinery than workers

Step-by-Step Explanation

A capital-intensive industry relies more on machinery and equipment than on human labor to produce goods and services. This approach typically involves significant investment in technology and automation, which increases production efficiency but reduces the number of workers needed. Consequently, such industries tend to have a higher ratio of machinery to labor compared to labor-intensive industries.

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