Examlex
Price will be higher and output will be lower under monopoly than under perfect competition with the same demand and cost conditions.
Trade Secrets
A plan, process, or device that is used in a business and is known only to employees who need to know the secret to carry out their jobs.
Innocent Third-Party
An individual or entity that is not involved in a legal dispute or transaction but may be affected by its outcome.
Restrictive Employment Covenant
A promise by an employee in an employment contract not to work for anyone else in the same field of employment for a specified time period within a particular geographical area.
Employment Options
Various employment possibilities or choices available to individuals based on skills, experience, and qualifications.
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