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Legacy Systems Are Still Used Because They

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Legacy systems are still used because they


Definitions:

Labor Demand

The amount of work that employers are ready to employ at a specified rate of pay.

Employment Decline

A situation where the number of employed individuals in an economy decreases, often due to economic downturns, technological changes, or structural shifts in the economy.

Labor Demand Curve

A graphical representation that shows the quantity of labor that employers are willing to hire at different wage rates.

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