Supply of Labour Services oor Persies
Supply of Labour Services
Vertalings in die woordeboek Engels - Persies
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Consequently, the production function of national economy is written as follows: Value Added = Output = f (Capital, Labour) In business, production is measured by the gross value of production, and in addition to the producer’s own inputs (capital and labour) productivity analysis comprises all purchase inputs such as raw-materials, energy, outsourcing services, supplies, components, etc. Accordingly, it is possible to measure the total productivity in business which implies absolute consideration of all inputs.
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