Explain capital intensive goods and primary products, Microeconomics

Assignment Help:

What is main difference between capital intensive goods and primary products? 

Primary product means the major product in which the firm is dealing. Capital intensive good means the production of good in which more capital in included than labor.

 


Related Discussions:- Explain capital intensive goods and primary products

Mixed economics, Mixed Economic System and how can this system solve the ec...

Mixed Economic System and how can this system solve the economic problem, with example?

Transactions and propose at least two strategies, a) Examine at least three...

a) Examine at least three (3) possible areas for the industry that could lead to transaction costs, and describe each in detail.   b) Speculate about the behaviour that could

Macro economics, national income and what is used to measure it

national income and what is used to measure it

Structure of the imf, Structure of the IMF: The Central office of the ...

Structure of the IMF: The Central office of the IMF is in Washington DC, USA. It has 184 members. It is affiliated to the UNO. The highest authority of the IMF is the Board of

Perfect competition, Perfect competition: The behaviours of firms in p...

Perfect competition: The behaviours of firms in perfect competition. It should be noted that firms that fit into perfect competition model are very rare in real-life situation

Tourism marketing 1, How Airlines solve the perishability of unsold seats a...

How Airlines solve the perishability of unsold seats and what they do to their prices as the seats get close to perish?

Isoquants, Isoquants * Assumptions - Food producer has 2 inputs ...

Isoquants * Assumptions - Food producer has 2 inputs Labor (L) & Capital (K) * Observations:  1) For any level of K, output increases with L.  2) For any

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd