Examlex
Union density in the public sector is four times greater than it is in the private sector in Canada.
Professional Baseball
A sport played by athletes who receive compensation for their performance, often associated with leagues and teams that are part of the organized sport industry.
Draft Players
The selection of athletes by professional sports teams during an organized process, commonly referred to as a draft.
Equilibrium Price
The price at which the quantity of goods suppliers are willing to sell equals the quantity of goods consumers are willing to buy, leading to market balance.
Competitive Labor Market
A market where numerous employers and employees interact, leading to wage determination by supply and demand with minimal intervention.
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