Which of the Following Statements Is True of the Taft-Hartley

question 91

Multiple Choice

Which of the following statements is true of the Taft-Hartley Act?

• A) It establishes the right of employees to bargain collectively with employers.
• B) It gives employers the right to engage in free-speech efforts against unions.
• C) It provides for the equal representation of skilled and unskilled workforce.
• D) It gives the president of the United States the right to seek an injunction against a strike.

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Definitions:

Fixed Costs

Expenses that do not change in relation to the volume of production or sales, such as rent, salaries, and insurance.

Operating Leverage

A measure of the relative mix of a business’s variable costs and fixed costs, computed as contribution margin divided by operating income.

Highly Automated Industries

Sectors where machines and advanced technologies preponderantly perform production and operational processes, reducing human intervention.

Break-even Point

The point at which total revenues equal total costs and expenses, leaving no net loss or gain.