Sure! Here is a clear and concise response to the question:
An automobile assembly plant using robotics is a capital intensive endeavor.
1. In this scenario, the use of robotics in the assembly process indicates a high level of investment in capital equipment rather than labor.
2. Robotics in manufacturing allow for automation and efficiency, reducing the need for human labor and increasing production output.
3. The significant upfront investment in robotics and technology characterizes the automobile assembly plant as capital intensive.
By contrast:
- Migrant workers picking grapes and the neighborhood sandwich shop are more likely to be labor intensive endeavors.
- A landscaping company with a large crew may involve a mix of labor and equipment but generally leans towards being more labor intensive compared to a capital-intensive industry like automotive manufacturing with robotics.
