Examlex
If possible, factor the polynomial completely. If a polynomial cannot be factored, state that it is prime.
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Monopsonist
A market condition where there is only one buyer for many sellers, giving the buyer significant power over prices and terms.
Nonunion Labor Force
Employees who are not members of a labor union and do not have negotiated contracts concerning their wages, benefits, and working conditions.
Monopsonist
A market condition in which a single buyer substantially controls the market as the major purchaser of goods and services.
Profit-Maximizing Quantities
The level of output at which a firm maximizes its profit, determined by the point where marginal cost equals marginal revenue.
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