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picture1_Labour Economics Pdf 125333 | Lec08 Item Download 2022-10-11 16-56-19


picture2_Labour Economics Pdf 125333 | Lec08 Item Download 2022-10-11 16-56-19 picture3_Labour Economics Pdf 125333 | Lec08 Item Download 2022-10-11 16-56-19

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File: Labour Economics Pdf 125333 | Lec08 Item Download 2022-10-11 16-56-19
08.PRODUCTION – FACTORS OF PRODUCTION – LAND & CHARACTERISTICS; LABOUR – QUANTITY AND QUALITY OF LABOUR- - DIVISION OF LABOUR – EFFICIENCY OF LABOUR - MALTHUSIAN In the ...

icon picture PDF Filetype PDF | Posted on 11 Oct 2022 | 2 years ago

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...Production factors of land characteristics labour quantity and quality division efficiency malthusian in the theory it is assumed that entrepreneur aims at maximizing his profits a profit will seek to minimize cost for producing given output or put another way he maximize level outlay productive resources used produce are called these may be raw materials services various categories labourers capital supplied by capitalists entrepreneurship an who assembles other also inputs thus traditionally classified as organization economics understood transformation into outputs i ordinarily refers earth s surface but term very wider sense marshall defined forces which nature gives freely man aid water air light heat those natural useful scarce words stands all yield income have exchange value features factor has following characteristic fixed said no supply price prevailing market cannot affect its high low remains same original indestructible properties lacks mobility geographical differs ferti...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
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										Category:  Uncategorized / Uncategorized 
										
Posted on: 11 Oct 2022 | 2 years ago
										
										
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Filetype: PDF
										
File size: 0.16 MB
										
Views: 122x
										
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												Wan learn