Question

what is labour? 1marks ​

Answer 1

Answer:

Labour economics seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by labourers in exchange for a wage paid by demanding firms.

Answer 2

Labor is the amount of physical, mental, and social effort used to produce goods and services in an economy. In return, laborers receive a wage to buy the goods and services they don't produce themselves.

Hope it helps :D