Capital intensive technique of production is used in
Options
ADeveloped Economy
BUnderdeveloped Economy
CLabour surplus economy
DCapital surplus economy
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Introduction to Business EconomicsMTP Dec 22Question 602 of 209
All Questions Correct Answer
✅ Option d — Capital surplus economy
All Options:
- ADeveloped Economy
- BUnderdeveloped Economy
- CLabour surplus economy
- DCapital surplus economy
About This Chapter: Introduction to Business Economics
Paper
Paper 4: Business Economics
Weightage
5%
Key Topics
Meaning, Scope, Price Mechanism
This chapter lays the groundwork for understanding Business Economics as a discipline. It covers the meaning, scope, and nature of economics — including key distinctions like Microeconomics vs Macroeconomics, Positive vs Normative economics, and the fundamental economic problem of scarcity. Students learn how businesses use economic principles for decision-making in a competitive marketplace.
View Official ICAI SyllabusExam Strategy Tip
Focus on definitions and distinctions between concepts. Questions often test whether you understand the difference between Micro and Macro, or Positive and Normative statements.
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