answersLogoWhite

0

How do you define Non-wage factor?

Updated: 4/28/2022
User Avatar

Wiki User

12y ago

Best Answer

non -wage factors are factor that are factor without payments

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do you define Non-wage factor?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

Define and explain the four factors of production landlaborphysical capitalhuman capital?

Define factor of production land ,labour,physical capital ,human capital?


Define the marginal production theory?

if the situation of perfect competition prevails in the economy then reward to each factor will equal to its productivity


Why money is not consider as a factor of a production?

Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.


Why money is not considered as factor as production?

Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.


How did Thomas Malthus define economics?

economic can be define as

Related questions

What is the factor used to define a species?

Reproductive Isolation


Wbut question and answer paper for ME 4th sem?

define impact factor


Define Independent Variable?

a factor that can be varied or manipulated in an experiment :) - Ashleigh


What components define form form factor?

For sure, it is the Motherboard, the Power supply, and the Chassis that determines the form factor of a computer.


Is 0 a partner of 2?

Youre going to have to define a partner. If you mean a factor, no.


How do you define the factor of 12?

1,2,3,4,6,12 Any number that divides into 12 with no remainder.


Define and explain the four factors of production landlaborphysical capitalhuman capital?

Define factor of production land ,labour,physical capital ,human capital?


What is the factor of safety when lifting personnel with a crane?

Manufacturers should define the safety factor of their cranes lifting capacities in their lifting charts.


Can you define protocol?

explain the various factor to bee considered when measuring the performance of a HDD in a computer


What is the relationshi between a motors service factor and amperage rating?

A motor's service factor is a multiplier applied to a motor's horsepower rating to indicate the level of overload it can handle. The motor's nameplate amperage rating indicates the maximum current it should draw under normal operating conditions. The service factor does not directly impact the amperage rating, but motors with a higher service factor may be capable of handling higher loads and thus draw more current.


Can you define biotic and a biotic factor?

Biotic factor are the living things such as animals and plants. Biotic factor are the living things such as animals and plants.


Define greatest common factor?

In math, the greatest common factor (GCF) of two or more non-zero integers is the largest positive integer that divides the numbers without a remainder.