Examlex
Tim James is allowed to choose whether he wants to become a member of the union or not but still has to pay union dues. What is this type of union security arrangement called?
Price Floor
A government- or authority-set minimum price for a particular good or service, designed to protect producers.
Airline Tickets
Certificates issued by airlines that confirm a passenger's booking and are exchanged for a boarding pass to travel on an airplane.
Price Floors
A minimum price set by the government, above which a particular good or service can be traded in the market.
Sellers
Individuals or entities that offer goods or services in exchange for money or other compensation.
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