Which Statement About Unions Is TRUE

question 18

Multiple Choice

Which statement about unions is TRUE?

• A)Laws allow unions to discriminate on the basis of gender and ethnicity.
• B)Unions bargain for better working conditions at the cost of higher wages.
• C)Unions cause a surplus of labor by bargaining for wages that are higher than the value of the marginal product of labor.
• D)Unions cause compensating differentials.

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Definitions:

Marketplace

A venue where goods and services are exchanged, either physically or digitally.

Crowdsourcing

A method of gathering information, content, or ideas by requesting input from a widespread audience, particularly those within an online community.

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The desires and requirements of buyers that motivate purchasing behavior, which products and services aim to fulfill.

LEGO Voltron Robot

A specific model of LEGO, designed as a buildable robot based on the iconic 'Voltron' animated series.