-Find equilibrium price and quantity.
Definitions:
New Deal Laws
A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s, aimed at restoring prosperity during the Great Depression.
Liberty of Contract
The legal principle that allows individuals the freedom to negotiate the terms of their own contracts without excessive government interference.
Union Membership
The status of being a member of a labor union, an organization that represents the interests of workers in specific industries or occupations.
Workers' Militancy
The readiness or tendency of workers and labor unions to engage in strikes, protests, or confrontational actions to assert rights and achieve labor objectives.
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