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The identity prototypes that are associated with reputation-based peer groups most likely serve the developmental purpose of
Unions
Organizations of workers that try to raise wages and improve working conditions for their members by bargaining collectively.
Marginal Product of Labor
This refers to the additional output a firm gains from hiring one more unit of labor, holding all other factors constant.
Surplus
Surplus refers to the situation where the quantity of a product or service supplied in a market exceeds the quantity demanded at the current price.
Compensating Differentials
Wage differentials that compensate workers for the job attributes, such as difficulty or undesirable conditions.
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