Examlex
The _____ defense against a takeover involves the target company selling off its most attractive assets.
Non-Union Workers
Employees who are not members of a labor union and therefore may not benefit from collective bargaining agreements.
Economic Rent
The extra amount earned by a factor of production that exceeds the minimum amount necessary for it to be employed.
Labor Union
An organization formed by workers in the same trade or industry to collectively negotiate wages, benefits, working conditions, and rights.
Deadweight Loss
A cost to society created by market inefficiency, which occurs when supply and demand are out of equilibrium.
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