Examlex
Under a closed shop agreement, workers must agree not to join a union in order to keep their jobs.
Capital Intensive
A description of industries or businesses that require large amounts of capital investment compared to labor.
Alternative Technologies
Various methods or means of producing goods or services that differ from current practices, often to improve efficiency or sustainability.
Optimal Method
The best or most efficient approach to achieve a specific goal or solve a particular problem.
Production Maximizes
The process of adjusting the input of production to achieve the highest possible output level or efficiency.
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