Examlex
A sample of an ideal gas is heated and its Kelvin temperature doubles. If the root-mean-square speed of its molecules was originally v, what is the new root-mean-square speed?
Monopsonist
A market condition where there is only one buyer for a product or service, giving them significant power over prices.
Labor Union
An organization representing workers' interests in negotiations with employers over wages, benefits, working conditions, and other employment terms.
Supply of Labor
The total hours that workers are willing and able to work at a given wage rate, within a given period.
Wage Rates
The amount of money paid to an employee for work performed, typically expressed per hour or year.
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