Multiple Choice
Let Kj and Lj denote the capital and labor inputs in the production of good j (j = S,T) ,then good S is said to be capital intensive relative to good T if
A) KS > KT.
B) KS/LS > KT/LT.
C) LS < LT.
D) All of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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