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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).

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Related Questions

Define capital intensive technology?

requiring a large investment in capital goods and a relatively small labor force a capital-intensive industry or plant


Why are some organisations capital intensive and others labor intensive?

labour intensive means use of manpower in production with little of technology while capital intensive means use of technology in production of a unit of output labour intensive means use of manpower in production with little of technology while capital intensive means use of technology in production of a unit of output


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 scope of managerial economics in the field of engineering?

costs:- technology has multi-dimensional impact on costs, one hand technology determines what combination of various factor is to be used e.g capital -intensive technology or labor intensive technology


Technology that is characterized by high initial cost and low operating costs is termed?

capital-intensive.


What kind of technology is characterized by low initial costs and high operating costs?

Capital-intensive


Determine factors that will influence to choice between labor intensive and capital intensive technique?

Size of the business


Why are some organisation capital intensive and others labor intensive?

A bank or investment company would be considered 'capital intensive' , a construction company or landscaping company would be considered 'labour intensive' because they employ more people to try for the same gains.


Is Pepsi labor or capital intensive?

PepsiCo operates as a capital-intensive business due to its significant investments in manufacturing facilities, equipment, and technology for production and distribution. While labor is also a crucial component of its operations, especially in areas like logistics and customer service, the reliance on automation and advanced machinery in production elevates the capital intensity. Overall, the scale of operations and the need for infrastructure make PepsiCo more capital-intensive than labor-intensive.


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


What is one capital intensive industry in the Caribbean?

one capital intensive industry in the Caribbean is the commercial bank