Social contract. Social contract, in political philosophy, an actual or hypothetical compact, or agreement, between the ruled and their rulers, defining the rights and duties of each. In primeval times, according to the theory, individuals were born into an anarchic state of nature, which was happy or unhappy according to the particular version.
Typical costs: 1  Technicians typically charge $50-$100 per hour for labor to work on the computer, but this varies by geographical location. 2  Costs for replacement hardware for Macs and PCs vary.  Motherboards range from $50 to more than $1,000 -- the more expensive models offer faster speeds and more ports.
You have a Service Advisor who sold one hour of labor in your shop. He closes the repair order and the Customer comes in to pay the bill. They pay $100.00. The Effective Labor Rate for that sale is $100.00 an hour. 1 RO at 1 Hour of Labor Time Sold at $100.00 equals $100.00. Say the Customer comes in a pays $90.00 for that same labor hour. Now the EFL is $90.00.