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The Type of Strike Which Occurs in Violation of an Existing

question 39

Multiple Choice

The type of strike which occurs in violation of an existing no-strike clause in a labor agreement and often without the approval of union officials is called:


Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and improvements in tools, machinery, and systems.

Production Possibilities Frontier

The production possibilities frontier (PPF) is a curve depicting all maximum output possibilities for two or more goods, given a set of inputs.

Opportunity Cost

The value of the next best alternative that is forgone as a result of making a particular choice.

Inputs

In economics, inputs are the resources used in the production of goods and services, such as labor, materials, and capital.

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