Examlex
Define indirect labor and give two examples of indirect labor for a manufacturing company.
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a specified time period.
Demand Curve
A graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period.
Labor Force
The total number of people employed or seeking employment in an economy at a given time.
Capital
Financial assets or the financial value of assets, such as cash and goods, used by a business to produce goods or services and achieve its objectives.
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