labour unit cost

  • 31Economics — This article is about the social science. For other uses, see Economics (disambiguation). For a topical guide to this subject, see Outline of economics. Economics …

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  • 32accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… …

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  • 33building construction — Techniques and industry involved in the assembly and erection of structures. Early humans built primarily for shelter, using simple methods. Building materials came from the land, and fabrication was dictated by the limits of the materials and… …

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  • 34Transformation problem — In 20th century discussions of Karl Marx s economics the transformation problem is the problem of finding a general rule to transform the values of commodities (based on labour according to his labour theory of value) into the competitive prices… …

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  • 35Okishio's theorem — is a mathematical theorem formulated by Japanese economist Nobuo Okishio. It has had a major impact on debates about Marx s theory of value. Intuitively, it can be understood as saying that if one capitalist raises his profits by introducing a… …

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  • 36Experience curve effects — Experience curve re directs here. For its use in video games see Experience point. The learning curve effect and the closely related experience curve effect express the relationship between experience and efficiency. As individuals and/or… …

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  • 37Perfect competition — Economics …

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  • 38economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …

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  • 39Energy Slave — An Energy Slave is that quantity of energy (ability to do work) which, when used to construct and drive non human infrastructure (machines, roads, power grids, fuel, draft animals, wind driven pumps, etc.) replaces a unit of human labour (actual… …

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  • 40Nobel Prizes — ▪ 2009 Introduction Prize for Peace       The 2008 Nobel Prize for Peace was awarded to Martti Ahtisaari, former president (1994–2000) of Finland, for his work over more than 30 years in settling international disputes, many involving ethnic,… …

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