Examlex
Which of the following is incorrectly matched?
Input Markets
Markets where firms buy resources, services, and goods they need to produce their own products or provide services.
Substitute Good
A product or service that serves as an alternative to another, where an increase in the price of one leads to an increase in demand for the other.
Union Wages
Wages that are negotiated by labor unions on behalf of their members, often resulting in higher pay and better benefits than non-union wages.
Employment Decline
A reduction in the number of jobs or the rate of employment in a particular sector or economy.
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