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The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4
-A monopoly exists when there is only one producer in an industry, and no close substitutes for the product exist.
Holidays and Vacations
Scheduled periods of rest and leisure that employees are entitled to, providing a break from work responsibilities.
Employee Assistance Programs
Services provided by employers to help employees deal with personal problems that might adversely affect their work performance and well-being.
Administering Benefit Packages
The process of managing and delivering employee benefit programs, including health insurance, retirement plans, and other perks.
Administrative Burden
The workload and stress associated with managing organizational policies, procedures, and paperwork.
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