Labor - composition , educational and technical skills,...

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Labor Moreover, labor is a perishable commodity . Every moment in the life span of a worker is precious. Once lost, it is forever irretrievable. Labor as a human factor of production further shows considerable dissimilarity in its quality, experience, age
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Unformatted text preview: composition , educational and technical skills, degree of mobility, aptitude and preferences etc. This makes the labor market problem highly complex. We will presently take account of some aspects of the demand for labor....
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This note was uploaded on 11/26/2011 for the course ECONOMIC ec 201 taught by Professor - during the Fall '10 term at Montgomery.

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