Difference between revisions of "Economics wages"
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'''Economic wages''' are the compensation for a person's [[opportunity cost]] of time they spend working. | '''Economic wages''' are the compensation for a person's [[opportunity cost]] of time they spend working. | ||
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[[Category:Economics]] | [[Category:Economics]] | ||
Revision as of 21:16, April 6, 2008
Economic wages are the compensation for a person's opportunity cost of time they spend working.