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Which of the Following Is NOT One of the Factors

question 4

Multiple Choice

Which of the following is NOT one of the factors the court considered relevant to the existence of an employment relationship in Stevens v Brodribb Sawmilling Co Pty Ltd (1986) 160 CLR 16?


Definitions:

Zero Economic Profit

A situation where a firm's total revenues exactly equal its total costs, indicating no above-normal profit.

Economist

A professional or expert in economics, studying the production, distribution, and consumption of goods and services.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment’s cost.

Price-taker Market

A market situation where buyers and sellers accept the prevailing market price as they individually have no influence over it.

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