We define labour as human efforts used in production. Who gave this definition of labour?
A
Prof. Marshall
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B
Prof. Jevons
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C
S. E. Thomas
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D
Waugh
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Solution
The correct option is D Waugh
According to Waugh, “we
define labour as human efforts used in production”, which means that labour
is the totality of efforts of the workers in production of a good or a
service.