Labor in Economics: Definition, Meaning, and Factors affecting Supply of Labor essay
Labor in Economics: Definition, Meaning, and Factors affecting Supply of Labor Ordinarily, any physical exertion of man may be regarded as labor, whatever its object may be. However, all labor is not economic labor. Only ‘that part of man’s physical or mental exertion is labor, which is willingly or unwillingly undergone with the object…
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