When Economists Describe a Production Process as Capital-Intensive,they Mean That

Multiple Choice

When economists describe a production process as capital-intensive,they mean that the

A) Process uses a high ratio of machinery and other capital to labor.
B) Process needs a greater emphasis on labor in order to increase productivity.
C) Capital used in the process reflects the most advanced technology.
D) Capital used in the process tends to wear out (depreciate) very rapidly.