TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 CONT

... fishing costs [were divided] into two components, private labour costs(wages) and other capital and operating costs. Where there are high levels of unemployment in the economy, the opportunity cost of labour is essentially zero.... the "social yield" consists of resource rents plus wages. [One of the] five possible equilibrium points at different levels of fishing effort [identified was the] zero resource rent —(OAE) — open access equilibrium...  1, record 1, English, - zero%20resource%20rent

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 CONT

[...] les coûts de la pêche [sont divisés] en deux composantes, soit les coûts privés de la main-d'œuvre (salaires) et les autres coûts d'immobilisations et d'opération. [...] le «rendement social» se compose des bénéfices tirés de la ressource et des salaires. [L'un des] cinq points d'équilibre possibles à différents niveaux d'effort de pêche [est] le revenu économique nul (RÉN) — l'équilibre lorsque l'accès à la pêche est libre [...]  1, record 1, French, - revenu%20%C3%A9conomique%20nul

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

Since people place a positive value on leisure, it is clearly inappropriate to assume that there is zero opportunity cost in employing labour which would otherwise be unemployed. Rather, the correct shadow price of this labour is its supply price, that is, that wage which is just sufficient to get it to work. One might suppose that the supply price of unemployed labour will be functionally related to the level of unemployment insurance benefits and to the average duration of unemployment.  2, record 2, English, - supply%20price

Record 2,  Textual support,  French

Record 2,  Textual support,  Spanish