Unavailability of Skilled Labour Is a Big Problem If We

question 19

Multiple Choice

Unavailability of skilled labour is a big problem if we locate our factory in _____________.

• A)road.
• B)rural.
• C)city.
• D)foreign.

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Definitions:

Factor 2

A component or element that contributes to a particular result or situation.

Profit

The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Marginal Product

Marginal product is the additional output resulting from the use of one more unit of a variable input, holding other inputs constant.

Fertilizer

Substances used to supply essential nutrients to plants, aiming to enhance growth, yields, and quality of agricultural produce.