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Figure 9-13
-Refer to Figure 9-13.Producer surplus before trade is
Exempt Employees
Managers, outside salespeople, and any other employees not covered by the FLSA requirement for overtime pay.
Pay Rates
The amount of money an employee receives for their work, often determined by hour, salary, or piece rate.
Top Talent
Top talent refers to the most highly skilled and capable individuals within a particular field or industry.
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Q516: Refer to Figure 9-2. The world price