Answer to Question #315826 in Microeconomics for Akfa

Question #315826

Define labour

Expert's answer

Labour refers to the amount of physical, mental or social effort that is employed by one or more workers in the production of goods and services in an economy.

Learn more about our help with Assignments: Microeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Define labour
2. Use the following information to answer questions 1.2 to 1.4:Suppose the demand for a product can be
3. Q1.Using the indifference curve approach, with movies on the vertical axis and concerts on the horiz
4. Consider the following equation:Qd=100-3p and Qs=0.5-100
5. The objectives of virtually all tax systems can be classified into two broad categories namely Reven
6. Explain the classical and Keynesian point of view regarding trading more inflation for less unemploy
7. The ultimate goal of Accounting Information System is to use relational database technologies to rec

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…