The One of the Following That Provides the Best Explanation

question 67

Multiple Choice

The one of the following that provides the best explanation for the decline in membership in labor unions in the United States is the:

• A) increased political power of the Republican Party
• B) high cost of union dues relative to lower wages
• C) increase in the number of women employed in the manufacturing sector
• D) increase in service jobs coupled with higher unemployment
• E) new constitutional amendments making unionizing workers more difficult

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Definitions:

Variable Costing

An accounting method that only allocates variable costs to inventory, treating fixed costs as period expenses.

Contribution Margin

The amount by which the selling price of an item exceeds its variable costs, contributing towards covering fixed costs and generating profit.

Sales Personnel

Individuals in an organization responsible for selling products or services to customers, often including roles such as sales representatives, sales managers, and sales directors.

Sales Mix

The combination of different products or services that a company sells, affecting profitability depending on the margins of each item.