Each of the following is an example of labor except

2 answers:

6 0

The right answer for the question that is being asked and shown above is that: "a buyer in a marketplace." Each of the following is an example of labor except a buyer in a marketplace. A buyer is not part of a labor.

barxatty [35]4 years ago

5 0

The correct answer is: "a buyer in a marketplace"

Labor is a factor of production constituted by the skills of workers who participate in the manufacturing process for the obtention of a good or service. It is owned by individuals and these offer their labor effort to companies in exchange for a retribution. Companies, in turn, need labor to sucesfully perform their production activities.

The three activities mentioned first: a farmer in a rice field, a weaver in a silk shop, a merchant on a caravan are examples of a person offering his/her skills, in this case his/her physical effort, in exchange for a retribution and therefore all of them are considered labor.

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<h3>What is media?</h3>

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