A process of production that uses a higher proportion of capital as compared to other factors of production ?

Related Mcqs:

A condition when there is excessive produce in the market which lowers down the price is called__________________?

A. Market glut B. Perfect market C. Imperfect market D. All of these...

A payment of money or goods & services by a govt. to a household or firm for which the payer receives no good or service directly in return______________?

A. Tax B. Tariff C. Transfer payment D. Subsidy...

______________assumes economic rationality and purely materialistic, individualistic, self interested orientation towards economic decision making?

A. Traditional economy B. Political economy C. Capitalistic economy D. Open economy...

The gradual decline over time in the value or price of one currency in terms of another as a result of market forces of supply and demand ?

A. Depreciation B. Downsizing C. Rightsizing D. All...

An accounting item which decreases the value of an asset___________________?

A. Debit B. Credit C. Depreciation D. None...