Examlex
The cost function y = 1000 + 5X:
Bargaining Power
The advantage one party has over the other in negotiations, often derived from one's ability to influence the outcome or offer something of value.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, affecting economic, social, and cultural practices worldwide.
Financial Transactions
Exchanges or transfers of monetary value between parties, which can include lending, investing, borrowing, and paying.
AFL and CIO Merge
The union in 1955 of the American Federation of Labor (AFL) and the Congress of Industrial Organizations (CIO), two of the largest labor federations in the United States, to increase unity among the labor movement.
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