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Origami Company is a price-taker and uses target pricing. Please refer to the following information: With the current cost structure, Origami cannot achieve its profit goals. It will have to reduce either the fixed costs or the variable costs. Assuming that fixed costs CANNOT be reduced, how much will the target variable costs per year be?
Injunctions
Court orders that either restrain a party from undertaking certain actions or require them to perform specific acts, often used in labor disputes to limit the actions of labor organizations or employers.
Picketing
Demonstrating or marching before a place of employment or work site by workers to protest labor conditions or policies.
Unionization
The process by which workers come together to form a union in order to negotiate collectively with their employer regarding wages, benefits, and working conditions.
Sherman Antitrust Act
A federal statute passed in 1890 that aims to promote competition by prohibiting monopolies, cartels, and trusts that restrict trade.
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