Examlex
As an employer,which of the following would be your best choice for reducing workplace accidents?
Labor
A term referring to the human effort, both physical and mental, used in the production of goods and services.
Marginal Product
The extra output or benefit produced by using one more unit of a given input, such as labor or capital.
Labor
The effort by humans to produce goods or services in the economy. It is often considered one of the key factors of production alongside land and capital.
Capital
Refers to financial resources, assets, or funds a company or individual possesses for pursuing investment opportunities or operational activities.
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