Examlex
Which of the following is not an output device?
Labor Union
An organization representing workers' interests, focusing on negotiating wages, work hours, and working conditions with employers.
Wage Rates
The amount of compensation individuals receive in exchange for their labor per unit of time, such as hourly or annual earnings.
Bilateral Monopoly
A market in which there is a single seller (monopoly) and a single buyer (monopsony).
Monopolist
A single seller in a market who has significant control over the price and supply of a product or service.
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