Home
Class 12
ECONOMICS
Labour intensive technique is chosen in ...

Labour intensive technique is chosen in a

A

1.Labour surplus economy.

B

2.Capital surplus economy.

C

3.Developed economy.

D

4.Developing economy.

Text Solution

Verified by Experts

The correct Answer is:
a
Promotional Banner

Topper's Solved these Questions

  • ELASTICITY OF DEMAND

    FULL MARKS|Exercise NCERT TEXTBOOK QUESTIONS SOLVED|114 Videos

  • MARKET EQUILIBRIUM WITH SIMPLE APPLICATIONS

    FULL MARKS|Exercise MORE QUESTIONS SOLVED (VIlI. APPLICATION BASED QUESTIONS )|7 Videos

Similar Questions

Explore conceptually related problems

Capital intensive technique is chosen in a

Mr. Mukesh used to manufacture shose by employing labour who were easily available. When his son after completing his MBA joined the business, he analysed that if we use capital intensive mathod by using amachine it will reduce the cost and the quality of shoes will also improve. 1. Which technique of Scentific management is used by his son. 2. What is the objective of that technique.

FULL MARKS-INTRODUCTION TO ECONOMICS -NCERT TEXTBOOK QUESTIONS SOLVED
  1. Which one of the following statements is a reason for the negative slo...

    Text Solution

    |

  2. Capital intensive technique is chosen in a

    Text Solution

    |

  3. Labour intensive technique is chosen in a

    Text Solution

    |

  4. If the marginal (additional) opportunity cost is a constant, PPC would...

    Text Solution

    |

  5. The branch of economic theory that deals with the problem of allocatio...

    Text Solution

    |

  6. Which one of the following options is likely to cause an inward shift ...

    Text Solution

    |

  7. The various combinations of goods that can be produced in any economy ...

    Text Solution

    |

  8. Scarcity is a situation in which ……….. .

    Text Solution

    |

  9. Production Possibilities Curve is also known as

    Text Solution

    |

  10. A lot of people die and many factories are destroyed due to floods in ...

    Text Solution

    |

  11. Which of the following is not a subject matter of microeconomics?

    Text Solution

    |

  12. Which of the following is an assumption of Production Possibility Fro...

    Text Solution

    |

  13. Why does an economic problem arise?

    Text Solution

    |

  14. State any two causes of economic problem.

    Text Solution

    |

  15. State two characteristics of the economic resources which give rise to...

    Text Solution

    |

  16. Why does the problem of choice arise?

    Text Solution

    |

  17. Explain three factors that lead to an economic problem.

    Text Solution

    |

  18. Give reasons for the following statements: (i) Every economy has to ...

    Text Solution

    |

  19. Why do all economies have similar central problems?

    Text Solution

    |

  20. Discuss the central problems of an economy.

    Text Solution

    |