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Recall the Application About the Demand and Price for Margarine

question 41

Multiple Choice

Recall the Application about the demand and price for margarine to answer the following question(s) .
-Recall the Application. The reason that the change in demand for margarine did not change the equilibrium price in the long run is because the margarine industry is an example of ________ industry.


Definitions:

Workers' Compensation Benefits

An insurance type that offers medical benefits and substitutes wages for workers hurt while working.

Fault

A concept in law that refers to responsibility or blame for wrongdoing, negligence, or failure to act according to legal standards.

Labour Relations Board

A government agency that oversees labor law and its administration, including the resolution of disputes between unions and employers.

Notice

Official information or warning given to someone regarding an important matter.

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