Examlex
Purchasing an operating system is an unnecessary expense because off-the-shelf application software packages contain a built-in operating system.
Unionized Bottling Plant
A unionized bottling plant refers to a bottling facility where the workers are represented by a labor union, often influencing wages, working conditions, and negotiations.
Employment Of Labor
The engagement of individuals to perform tasks for wages or salary in various sectors and industries within an economy.
Input Markets
Markets where factors of production (such as labor, materials, and capital) are bought and sold.
Equilibrium
A state in a market where supply equals demand, and there is no external pressure to change the price or quantity.
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