Abstract
Money is an important commodity in modern society. Money is a measure of value. Items that are purchased at a store require effort and resources to produce them. Employees demand compensation for their time and effort in the form of money. Employees’ efforts are rewarded based on the value they provide. The value they provide is related to the time they work and the skills they have acquired.
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© 2022 The Minerals, Metals & Materials Society
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Free, M.L. (2022). General Engineering Economics. In: Hydrometallurgy. The Minerals, Metals & Materials Series. Springer, Cham. https://doi.org/10.1007/978-3-030-88087-3_11
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