-In Figure 3-8,using the supply and demand curves denoted S₁ and D₁,respectively,if demand were to increase to D₂ and the equilibrium price stayed the same there would be a
Definitions:
Safe Working Conditions
Work environments that minimize risks of accidents or harm, adhering to health and safety standards.
Employers
Individuals or organizations that hire people to perform work in exchange for compensation.
Supremacy Clause
Article VI, Section 2 of the U.S. Constitution, which allows a Supreme Court ruling to be binding on state courts if involving a constitutional issue. The clause reads: “This Constitution, and the Laws of the United States which shall be made in pursuance thereof; and all treaties made, or which shall be made, under the authority of the United States, shall be the supreme law of the land; and the judges in every state shall be bound thereby, anything in the Constitution or laws of any state to the contrary notwithstanding.”
Laws
The system of rules that a country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.
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