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Labour Input

Definition of 'Labour Input'

A firms total number of labour hours it employs in a given period.

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Related Terms

The Law of Diminishing Returns Classical Unemployment Sweated Labour Discouraged Workers Labour Force Marginal Product of Labour Participation Rate Registered Labour Force Sensitivity Analysis Unemployment Rate Alleged Fixed Factor of Production Input Intermediate Target Stock Exchange Electronic Trading System Tariffable Unit (TU)Trade Confirmation Variable Cost Variable Factor Proportions

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