Define labour market. labour market synonyms, labour market pronunciation, labour market translation, English dictionary definition of labour market. labour market. Translations. English: labour market labor market n mercato del lavoro. German / Deutsch:
Opportunity cost:the best alternative forgone as a result of making choice. Positive and normative statements Positive statement:based on facts; right/wrong can be proven. Normative statement:based on opinions; value judgement cannot be tested....
The commonly used definition of average labour value, based on the sum of labour time directly used to produce a commodity and all its components is shown to be nave and indeed false. The definition of labour value has to be conforming to the definition of cost. This implies that the ...
Synonym(s): labour. [L. toil, suffering] Medical Dictionary for the Health Professions and Nursing © Farlex 2012 Labor The process during which the uterus contracts, and the cervix opens to allow the passage of a baby into the vagina. Mentioned in: Placenta Previa, Placental Abruption Gal...
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First recorded in 1250–1300;Middle Englishlabour,fromOld French,fromLatinlabōr-(stem oflabor) “work” Discover More Example Sentences In just one week out of the last 23—dating all the way back to March—weekly jobless claims have come in above 1 million, adding to the carnage in the ...
Using Bullet Points ( • ) Why is '-ed' sometimes pronounced at the end of a word? What's the difference between 'fascism' and 'socialism'? More Commonly Misspelled Words Words You Always Have to Look Up Popular in Wordplay See All ...
Marketing Costswhich means such reasonable charge for marketing of ores and concentrates sold or of concentrates tolled as is consistent with generally accepted industry marketing practices; Maintenance Costsmeans parts and materials, sublet and labour costs of a qualified licensed mechanic for the mainten...
(US) or Britishlabour labors;labored;laboring Britannica Dictionary definition of LABOR [no object] 1 a:to do work Workerslaboredin the vineyard. Helaboredfor several years as a miner. b:to work hard in order to achieve something She haslaboredin vain to convince them to accept her proposal...
Cost of Labor vs. Cost of Living While the cost of labor refers to the sum of all wages paid to employees, it should not be confused with the cost of living. The cost of living is the cost needed to maintain a certainstandard of livingby a consumer in a specific geographic location. ...