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product of labor

См. также в других словарях:

  • Marginal product of labor — In economics, the marginal product of labor also known as MPL or MPN is the change in output from hiring one additional unit of labor. It is the increase in output added by the last unit of labor.[1] Ceteris paribus that no other inputs to… …   Wikipedia

  • product and profit of labor — A term of art. As the expression is used in a statute prohibiting the product and profit of convict labor, the words do not refer to articles of property, but to the net value of labor. A manufactured article is not known in common parlance, in… …   Ballentine's law dictionary

  • labor — I. noun Etymology: Middle English, from Anglo French labur, from Latin labor; perhaps akin to Latin labare to totter, labi to slip more at sleep Date: 14th century 1. a. expenditure of physical or mental effort especially when difficult or… …   New Collegiate Dictionary

  • labor — {{11}}labor (n.) c.1300, a task, a project; later exertion of the body; trouble, difficulty, hardship (late 14c.), from O.Fr. labor labor, toil, work, exertion, task (12c., Mod.Fr. labeur), from L. laborem (nom. labor) labor, toil, exertion;… …   Etymology dictionary

  • product — 1 *work, production, opus, artifact Analogous words: forming or form, fabrication, manufacturing or manu facture (see corresponding verbs at MAKE): article, object, *thing 2 Product, production, produce are comparable when they denote something… …   New Dictionary of Synonyms

  • Product Family Engineering — Product families/lines are quite common in our daily lives, but before a product family can be successfully established, an extensive process has to be followed. This process is known as product family engineering, product line engineering, and… …   Wikipedia

  • Product Red — Product Red, styled as (PRODUCT)RED, is a brand licensed to partner companies such as Nike, American Express (UK), Apple Inc., Starbucks, Converse, Bugaboo, Penguin Classics (UK International), Gap, Emporio Armani, Hallmark (US) and Dell. It was… …   Wikipedia

  • Product development —    Product development is the process of producing product from concept to creation. While the term product development refers to the procedure that retailers adhere to in creating product or private label merchandise, the process is somewhat the …   Historical Dictionary of the Fashion Industry

  • Product market — is a mechanism that allows people easily to buy and sell products. Services are often included in the scope of the term. Product market regulation is an economic term that describes restrictions in the market.Related terms are financial market… …   Wikipedia

  • Product — Prod uct, n. [L. productus, p. pr. of producere. See {Produce}.] [1913 Webster] 1. Anything that is produced, whether as the result of generation, growth, labor, or thought, or by the operation of involuntary causes; as, the products of the… …   The Collaborative International Dictionary of English

  • Labor theory of value — The labor theories of value (LTV) are theories in economics according to which the values of commodities are related to the labor needed to produce them.There are many different accounts of labor value, with the common element that the value of… …   Wikipedia

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