Examlex
Which of the following can change without shifting either demand or supply,ceteris paribus?
Productivity
Refers to the efficiency of production in terms of the amount of goods or services produced relative to the inputs used, such as labor and capital.
NLRA
The National Labor Relations Act, US legislation that protects the rights of employees to organize and to bargain collectively with their employers.
Global Market
An international economic system allowing goods, services, and capital to move across national borders, increasing market competition globally.
Mass Manufacturing
A production process characterized by the large-scale manufacture of standardized products, utilizing assembly lines and advanced technology to achieve high efficiency.
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