Topic 5 Crossword (project #3)

4. A semi-independent business that pays fees to a parent company in return for the exclusive right to sell a certain product/service.
6. The movement of some of a company's operations or resources of production to another country.
9. The practice of contracting with another company to do a specific job that would otherwise be done by the company's own workers.
13. A theory that suggests that the completion of college signals to employers that a job applicant is intelligent and hardworking.
14. Workers that are only allowed to live and work in the US temporarily.
15. The wage rate, or price of labor services, that is set when the supply of workers meets the demand for workers in the labor market.
16. All nonmilitary people who are employed or unemployed.
17. Only one partner is required to be a general partner.
18. The combination of two or more firms competing in the same market with the same good/service.
19. A formal contract that includes a promise to repay borrowed money w/interest.
20. The legal obligation to pay debts.

1. The practice of negotiating labor contracts that keep unnecessary workers on the company's payroll.
2. The quantity of outpout produced by a unit of labor.
3. A legal entity, or being, owned by individual stockholders, each of whom has liability for the firm's debts.
5. Temporary and part-time jobs that are given to workers instead of full-time jobs.
7. A measure that bars mandatory union membership
8. The theory that education increases the efficiency of production and thus results in higher wages.
10. A type of partnership in which all partners share equally in both responsibility and liability.
11. The merger of two or more firms involved in different stages of producing the same good.
12. A type of demand that is set by the demand for another good or service.