Demand for Labour
Trending Questions
Q.
Raj is going to school. When he is not in school, you will find him working in his farm. Can you consider him as a worker? Why?
Q. The higher the prices of capital relative to the prices of labour, the more production techniques should be ____________.
- labour intensive
- capital intensive
- fixed
- labour or capital intensive and we cannot say which without additional information.
Q. In the short period, production is done only by using the variable factors.
- True
- False
Q. Consider the following statements and identify the right ones.
- COR is relatively low in labour intensive sectors.
- COR will be high in capital intensive sectors
- Both a and b
- none of these
