THE costs of producing one unit of output for Singapore’s manufacturing sector rose marginally in full-year 2024, but climbed ...
To compare two items, work out the unit price for each to see which is the best value. A concert venue sells a set of 6 tickets (a block booking) for £171. The cost per ticket needs to be worked out.
Meanwhile, the economy’s unit labour cost (ULC) – calculated as the total labour cost per unit of labour productivity – is expected to keep rising in 2025. This comes as slower wage growth will likely ...
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