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To Promote a Better Understanding of Software Piracy Problems And

question 3

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To promote a better understanding of software piracy problems and, if necessary, to take legal action, a number of major worldwide software companies formed the BSA.


Definitions:

Wage Rate

The amount of money paid to an employee by an employer in exchange for work performed, usually expressed per hour, day, or piece.

Unionization

The process of organizing workers into a union, a collective organization that negotiates with employers over wages, working conditions, and other labor issues.

Retail Trade

The selling of goods and services directly to consumers, typically in small quantities.

Marginal Labor Cost

The additional cost incurred by hiring one more unit of labor or the cost of producing one additional unit of output with an additional unit of labor.

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