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Market control is most frequently used in the control of functional departments.
Labor Union
An organization formed by workers to protect their rights and interests, including negotiating wages and working conditions.
Union Shop
A workplace where employees are not required to join the union as a condition of employment, but must join within a certain period of time after hire.
Labor Demand
The total amount of workers that employers want to hire at a given wage rate and time.
Demand Curve
A graph showing the relationship between the price of a good or service and the quantity demanded at those prices, typically downward sloping.
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