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What two conditions must be met if profit-maximization is to maximize utility?
Labour Relations Board
A government agency responsible for overseeing labor laws and resolving disputes between employers and unions.
Management Rights Clause
A section in a labor agreement that defines the rights and responsibilities of management to run and operate the company without interference.
Supreme Rights Clause
A legal provision asserting the primary authority of a nation's constitution or laws over any conflicting laws or agreements.
Defined Rights Clause
A provision in a legal document that specifies the rights granted to parties involved.
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