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Topic: Labour (economics)

Related Topics

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Labour (economics)

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Price elasticity of supply

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	Reference.com/Encyclopedia/Labour (economics)
		In classical economics and all micro-economics labour is one of four factors of production, the others being land, capital and enterprise.
		Wage is a basic compensation for labour, and the compensation for labour per period of time is referred to as the wage rate.
		total compensation = earnings + other benefits for labour
	www.reference.com /browse/wiki/Worker (186 words)

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