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Which of the following represents land. labor-, and capital-intensive commodities, respectlvely?

A. Wheat, automobiles, and transistor radios
B. Clothing, aircraft, and automobiles
C. Corn, clothing, and aircraft
D. Automobiles, corn, and transistor radios

User Beyamor
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1 Answer

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Final answer:

Wheat, automobiles, and transistor radios represent land, labor, and capital-intensive commodities, respectively. The correct answer is A.

Step-by-step explanation:

Land, labor, and capital are the three main factors of production that contribute to the production of different commodities.

A. Wheat, automobiles, and transistor radios represent land, labor, and capital-intensive commodities, respectively. Wheat requires land and labor to grow, while automobiles require a significant amount of capital for production. Transistor radios also require capital for manufacturing.

Considering the definitions of land-, labor-, and capital-intensive commodities, option B correctly identifies clothing as labor-intensive, aircraft as capital-intensive, and corn as land-intensive.

The question asks us to identify which of the options represents land-, labor-, and capital-intensive commodities respectively. Here are the definitions:

Land-intensive commodities require a significant amount of land for production, such as agricultural products.

Labor-intensive commodities require a large amount of labor to produce, like handmade clothing.

Capital-intensive commodities require a substantial investment in equipment or infrastructure, for example, manufacturing automobiles or high-tech items like transistor radios.

Considering these definitions, the correct answer to the question is B: Clothing is labor-intensive, aircraft are capital-intensive, and corn is land-intensive.

User Atif AbbAsi
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