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Add the rational expressions. Be sure to express your answer in simplest form.
Outside Suppliers
External entities or companies that provide goods or services to another company, often playing a critical role in supply chains.
Equilibrium Wage
The salary level at which the supply and demand for workers are equal.
Bilateral Monopoly
A market structure involving a single buyer (monopsony) and a single seller (monopoly), negotiating over the price and quantity of a specific good or service.
Monopoly Power
The ability of a single seller to control the price and supply of a product or service, largely due to the absence of competition.
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