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According to Manuel Castells,a set of interconnected nodes is a(n)
Price Of Sewing Machines
The amount of money required to purchase a sewing machine, which may vary based on features, brand, and market demand.
Wage Rate
The amount of payment that a worker receives per unit of time or per unit of output, often expressed as an hourly or piece-rate wage.
Substitution Effect
The economic theory that as prices rise, or income decreases, consumers will replace more expensive items with less costly alternatives.
Output Effect
The impact on total output or production when a company expands its operations or when there is an increase in economic activity.
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