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Economies Of Scale
The cost advantages that enterprises obtain due to size, output, or scale of operation, with cost per unit of output generally decreasing with increasing scale.
Skilled Labour
Labor that requires specialized training, knowledge, and abilities, often distinguished from unskilled or semiskilled labor in the context of workforce and employment.
Training Legislation
Training legislation refers to laws and regulations that govern the provision, quality, and accessibility of training programs and initiatives to ensure protection and fair treatment for learners.
Participation Rates
The proportion of a specific group of people who are actively involved or participating in a particular activity, program, or event.
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