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The union organizing campaign at Verdure,Inc.,has been intense.Neither the union nor the company feels that the election is a sure victory for it.Every vote cast by the 400 employees in the bargaining unit is critical.At the end of the election,only 300 employees have voted.For the UNION to win,it needs to have ____ votes.
Constant Returns
A situation where increasing the amount of inputs in the production process proportionally increases the output, implying a linear relationship between inputs and outputs.
Marginal Cost Curve
A graphical representation showing how the cost of producing one more unit of a good changes as production increases.
Profit Maximization
A process or strategy employed by businesses to increase their net profits to the highest possible level.
Output Increases
A situation where the production or yield of goods and services in an economy grows over a certain period.
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