If the Price Per Unit Is $34 and the Variable

question 28

Multiple Choice

If the price per unit is $34 and the variable cost per customer is $17,calculate the margin per unit.

• A)$2
• B)$51
• C)$25.5
• D)$8.5
• E)$17

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Definitions:

Exclusive Representation

A principle in labor relations where a chosen union is the sole body representing a defined group of workers in negotiations with their employer.

Majority Support

The condition in which more than half of a group endorses a particular idea, action, or entity, often used in the context of union recognition.

Union Representation

The act of labor unions acting as intermediaries between workers and employers, advocating for employees' rights, wages, benefits, and working conditions.

Decentralized Bargaining

Decentralized bargaining refers to the negotiation process on wages, working conditions, and other employment terms between individual employers and their employees or representatives, rather than on a broader, centralized level.