Economics Topic 5

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Across
  1. 6. A temporary job
  2. 7. The quantity of output produced by a unit of labor
  3. 8. Practice of negociating labor contracts that keep unnecessary workers on the payroll
  4. 9. All non-military people employed or unemployed
  5. 13. An authorization from the local goverment to operate a business
  6. 14. A Partnership in which all partners share equal responibility and liability
  7. 15. A formal cotract issued by a corperation
  8. 16. The legal obligation to pay depts
  9. 18. Contracting with another company to do a specific job
  10. 19. Wage rate or price of labor services that is set when the supply of workers meets the demand
  11. 20. Type of demand that is set by the demand for another good or service
Down
  1. 1. Semi independent business that pays fees to the parent company to sell their product or service
  2. 2. A measure that bans mandatory union membership
  3. 3. The combination of two or more firms competing in the same market with the same good or service
  4. 4. Theory that attending college lets employers know applicant is more intellegent and hard working
  5. 5. Workers allowed to live and work in the U.S. temporarily
  6. 10. When a company moves operations and productions to another country
  7. 11. A buissness owned and managed by a single individual
  8. 12. Two firms merge when in different stages of producing
  9. 17. Theory that education increases efficiency and results in higher wages