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Robert joined as a trainee manager in Lite Apparels, which is the biggest garment factory in California. As soon as he joined, the company's union asked him to sign a union security agreement. According to the agreement, he had to pay membership fee of $500. The union's demands seem to be a violation of:
Phantom Tickets
Tickets for an event that are sold or promised to a customer but actually do not exist or are not available.
Producer Surplus
Producer surplus refers to the difference between what producers are willing to accept for a good or service versus what they actually receive, essentially measuring the benefit or surplus producers gain from transactions.
Monthly Supply
Monthly Supply refers to the total quantity of a good or service that is available for purchase within a month.
Price Decreases
A reduction in the cost at which goods or services are sold, leading to an increase in the quantity demanded.
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