asked 137k views
5 votes
A factory produces gadgets that have two key parts. the factory can employ workers to attach those parts, or it can employ robotic machines to attach them. in this case, the labor and capital are considered:

asked
User Macemers
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1 Answer

1 vote
in this case, the labor and capital are considered to be substitutes.
The capital held the power to change the system of production in order to fulfill operation's goal.
through the combination of robot and human labor, the capital owner could achieve maximum efficiency that would give them the msot profit.


answered
User Mysterycommand
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7.5k points
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