Question: Which of the following is most likely to be found in a developing economy?
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a.a low capital : labour ratio
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b.a high capital : labour ratio
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c.a high capital : output ratio
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d.a low capital : output ratio
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e.None of the above
Answer: a
 a low capital : labour ratio b) a high capital : labour ratio c) a high capital : output ratio d) a low capital : output ratio e) None of the above Ans. a) a low capital : labour ratio
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