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What is the economic term used for the skills and the hours worked?
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∙ 12y ago
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∙ 12y ago
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What economic term used for the skills and the hours worked by the people who make a good or produce a service?
A market.
If choosing something means you give up something else what is the economic term for this?
The economic term for the cost of a choice is the opportunity cost.
What is the economic term for the money that is received from the sale of goods and services?
Revenue is the economic term for the money that is received from the sale of goods and services.
What economic term for what you lose when using resources for something else?
The economic term for what you lose when using resources for something else is known as opportunity cost.
Which term best describes an economic slowdown?
An economic slowdown is called a recession.
What economic term used for the skills and the hours worked by the people who make a good or produce a service?
A market.
Which term describes gross pay that is calculated based on the number of hours an employee has worked?
salery wage
How many hours can you work if you are 13?
Term timeDuring term time children may work a maximum of 12 hours per week, of which: a maximum of two hours may be worked on school days and Sundaysa maximum of five hours may be worked on Saturdays for 13 to 14 year olds, or eight hours for 15 to 16 year oldsSchool holidaysDuring school holidays 13 to 14 year olds may work a maximum of 25 hours per week, of which: a maximum of five hours may be worked on weekdays and Saturdaysa maximum of two hours may be worked on SundayDuring school holidays 15 to 16 year olds may work a maximum of 35 hours per week, of which:a maximum of eight hours may be worked on weekdays and Saturdaysa maximum of two hours may be worked on Sunday.Hope this helped! -Mari(:
What is pump-priming?
To spur economic activity through investment. The term comes from the way old pumps worked. You had to use water to prime the suction valve so that you could get more water.
What does the term billable hours refer to?
For a service company such as a law firm, billable hours refers to the amount of time worked by the company that they will bill to the customer, usually on an hourly basis. The term is often used in relation to work being done by law firms, accounting firms, or consulting companies.
What is the economic term for the money that is received from the sale of goods and services?
Revenue is the economic term for the money that is received from the sale of goods and services.
If choosing something means you give up something else what is the economic term for this?
The economic term for the cost of a choice is the opportunity cost.
What economic term for what you lose when using resources for something else?
The economic term for what you lose when using resources for something else is known as opportunity cost.
Which term best describes an economic slowdown?
An economic slowdown is called a recession.
What does the economic term GDP term mean?
Gross Domestic Product
Provide a diffinition of the term economic?
provide a definition of the term economics
What do you understand by the term New International Economic Order?
what is new international economic order
