Examlex
Match each of the following terms with the appropriate definitions.
-Certain nonphysical assets used in operations that confer long-term rights,privileges,or competitive advantages on their owners.
Productivity of Labor
The output per labor hour or worker, indicating how efficiently labor is used in the production of goods and services.
Labor Resource Market
The market in which individuals offer their labor to employers in exchange for wages.
Substitute Input
An alternative resource or material used in the production process that can replace another in response to changes in market conditions or prices.
Tablet-Computer Industry
The sector of the tech industry that designs, manufactures, and sells tablet computers, a type of portable computing device.
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