If it makes sense that one type of labor can substitute for another in production, how can
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If it makes sense that one type of labor can substitute for another in production, how can capital, a physical object, substitute for labor, a human being?
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The concept of capital substituting for labor in the production process is central to understanding ...View the full answer
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Related Book For
The Economics Of Health And Health Care
ISBN: 9781138208049
8th Edition
Authors: Sherman Folland, Allen C. Goodman, Miron Stano
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