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is this acurate, Organisations hire employees because there is a demand for various goods and services, and they need people to deliver those goods and
is this acurate, Organisations hire employees because there is a demand for various goods and services, and they need people to deliver those goods and services. This underscores the necessity for staff, similar to other resources required for production. Economists spend a lot of time studying labour demand separately from other inputs as part of labour economics. The demand for labour is based on the production function that describes the relationship between the inputs such as labour and the output it produces
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