A judge has been hired to resolve the salary negotiations between a company and its labor union. The great majority of union members have relatively low salaries; however, a small percentage of union members have very high salaries. Which of these BEST describes the distribution of salaries? 
A 
B 
C 
D
Definitions:
Competing Products
Goods or services that serve as alternatives to each other, satisfying the same need or want, and thus compete in the same market.
Elastic Demand
A condition where the quantity demanded of a good or service significantly changes due to a change in its price.
Inelastic Demand
A market scenario where the quantity demanded of a good or service changes minimally in response to price changes.
Perfectly Inelastic
A situation where the quantity demanded or supplied of a good does not change regardless of the changes in its price.
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