Examlex
Teams should be empowered, or they will revert to making safe, traditional decisions.
Shortage
A market condition in which the demand for a product exceeds its supply at a particular price.
Demand Curve
A graph showing the relationship between the price of a good and the quantity of that good consumers are willing and able to buy.
Living Wage
A wage level that is high enough to maintain a normal standard of living.
Employment
The condition of having paid work or the number of people employed in an economy or specific sector.
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