<span>A situation in which machines and equipment do most of the work is known as a capital-intensive technology.
Two factor inputs are present in every production operation: labor and capital. The term labor includes the workers, employees and management, while capital refers to the </span><span>machinery, IT systems, buildings, vehicles, offices.
</span><span>Capital intensity is the amount of capital used in the production in relation to labor. </span><span>
If the production is made by more machines and technology than labor that the company uses </span><span>a capital-intensive technology.</span>
Answer:
False
Explanation:
Locus of control is the believe that external forces have control over the outcome of events in their lives. Internal locus of control is a believe that one can control one's life that is, the effect of external forces are primarily from their own actions while external locus of control is a believe that one's life is controlled by external forces or factors which one cannot influence that is, chance or fate controls their lives.
She is demonstrated an external locus of control by letting her friends' opinions control her actions, and then blaming them for her decision.
Answer:
1. Benefits Of Regional Economic Integration
2. Enhanced political cooperation. Several nations usually have a much larger political influence as compared to the influence that each individual country would have.
3. Creates trade. Member countries in a regional economic integration agreement have a wider choice of services and goods that were previously unavailable.
<em>4. Employment prospects. </em>
Explanation:
The benefits of regional integration can easily identify. There are economic benefits such as additional trade, improved quality, increased imports and exports, high-quality international relations and an integrated market. Regional integration can enhance the general quality of life for the citizens of those states.
Answer:
<u>The effect of government regulation on a monopolist's production decisions</u>
Explanation:
The effect of a large government budget deficit on the economy's price level
The superavit or deficit of the government is a macroeconomics subject.
The money market is also macroeconomics.
The impact of regulation or specifit taxes or tax extemption on a monopolist's production will be part of microecnomics, because it will impact on which level the monopolist's production finds equilibrium after the legislation.
