"Labor is necessary to increase the production ". Elaborate the statement with example?
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If a worker does not turn up to work for one shift his labour of that shift is lost completely. It cannot be stored and utilized the next day. … A laborer cannot store his labour to use at another time. So we say labour as a factor of production is highly perishable.
Sorry I have no idea about examples.
I hope this helps you at least a little.
Have a nice day.
✔️ from joshikareddy73
Sorry I have no idea about examples.
I hope this helps you at least a little.
Have a nice day.
✔️ from joshikareddy73
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