Examlex
Codetermination encourages cooperation between management and labor in running a business.
Technological Advance
Improvements or innovations in technology that enhance productivity or efficiency in production processes.
Marginal Product
The additional output generated by employing one more unit of a factor of production.
Demand for Crew
The need or requirement for staff or team members, particularly in sectors such as aviation, maritime, and entertainment, where specific skill sets are necessary for operations.
Factor Market
A marketplace for the services of a factor of production, such as labor, capital, or land.
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