Examlex
Which of the following ideologies cuts perpendicularly across the left-right dimension?
Labor Cost
The total expenditures for wages, benefits, and payroll taxes that employers incur in compensation for the work performed by their employees.
Derived Demand
The demand for a resource; it stems from the demand for the final good the resource helps produce.
Input Demand
The requirement for resources and materials necessary to produce goods and services.
Output Demand
The quantity of a product or service that consumers are willing and able to purchase at various price points.
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