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Why did cheaper overseas labor have little impact on the sanitary paper products industry?
The capital-intensive nature of paper manufacturing means that cheaper overseas labor has less of an impact on manufacturing costs than in other, more labor-intensive industries.
What are the advantages and the disadvantages of capital intensive?
Disadvantages of capital intensive are:-Workers get bored with their job-Need to retrain workers/managers-Profit will decrease in short term-May need to build or find bigger building for machineryAdvantages of capital intensive are:-More profit in long term-Benefit from economies of scale-Increased productivity-Cheaper 'labor'
Is a feed mill capital intensive?
Owning a feed mill is a capital-intensive operation
Is it labor intensive or capital intensive in china?
Both
Why might a country like China decide to produce labor intensive goods while a country like the US would decide to produce capital intensive goods?
Simple answer: the Hecksler-Ohlin model of trade describes that countries, as they specialise in goods in which they possess comparative advantage, devote labour/capital to that good. In this case, other goods are pushed out of the market as the dominant input (labour or capital) in the advantaged good rises in price. I.e.) China specialises in manufacturing; manfacturing is labour-intensive. Labour and capital shift to manufacturing. The price of the two rises, pushing other goods out of the market, especially capital-heavy goods (since labour is needed in manufacturing). In general, many countries specialise in a good because they possess plentiful inputs needed for that good. I.e.) The U.S. has a lot of capital. Therefore, capital has more competition and is cheaper to access. Capital-intensive goods are cheaper to produce, and so more capital-intensive goods are produced with higher profit-margins.
What is one capital intensive industry in the Caribbean?
one capital intensive industry in the Caribbean is the commercial bank
What is the differentiate between labor and capital intensive technology?
By way of an example: Digging holes can be labor or capital intensive. You can use 1000 workers with cheap shovels (labor intensive) or 1 worker with an expensive "steam shovel" (capital intensive). Some things cannot be done either way like picking strawberries (labor intensive) or manufacturing microcircuits (capital intensive).
Define capital intensive technology?
requiring a large investment in capital goods and a relatively small labor force a capital-intensive industry or plant
Labor-intensive and capital intensive?
Labor-intensive refers to a production process that relies more on human labor than machinery or technology, while capital-intensive refers to a process that relies heavily on machinery, equipment, or capital investment rather than on labor. Labor-intensive industries require more manual work and intensive supervision, while capital-intensive industries involve larger investments in equipment and technology.
What is the opposite of capital intensive?
Asset light
Is capital intensive is more preferable than labor intensive?
It totally depends on what business you are running, such as a builder would want a labor intensive business, whilst a car maker would want a capital intensive business, disserent businesses need different things.
Determine factors that will influence to choice between labor intensive and capital intensive technique?
Size of the business
