Multiple choice

Which of the following statements is true about investment cost per job?

  1. Investment costs per job are high in large and medium industries.

  2. Investment costs per job are high in small scale enterprises.

  3. Investment costs per job are high in micro enterprises.

  4. Investment costs per job are higher in micro enterprises than small scale enterprises.
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A Correct answer
Explanation

The scarcity of capital in developing nations severely limits the number of non-farm jobs that can be created because investment costs per job are high in large and medium industries.

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