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There are different types of effort and skill content. This means that Labourinput is not homogeneous according to the principle of economics production.Resourcesarerelativelyscarceorlimitedthismeansthatthedesireofconsumer, business and governmental unit for goods and services exceed ourproductivecapacity
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Human Capital Measurement.
461.07 KB
<p>Since resources are scarce and the want unlimited, society is obliged to manage this resource efficiently. Labour economics therefore looks at ways Labour as a resource could be efficiently utilized</p>
Human Capital Measurement
1.12 MB
<p>Since resources are scarce and the want unlimited, society is obliged to manage this resource efficiently. Labour economics therefore looks at ways Labour as a resource could be efficiently utilized</p>

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Human Capital Measurement exam
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Human Capital Measurement exam
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