It Is Unlawful for an Employer to Refuse to Comply

question 27

True/False

It is unlawful for an employer to refuse to comply with a union's request to furnish information,such as basic financial information,which is relevant and necessary for the union to represent bargaining unit members in contract negotiations or grievance handling duties.

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Definitions:

Marginal Cost

The expense involved in creating one more unit of a product or service.

Constant Returns to Scale

A situation in which output increases by the same proportion as inputs when the scale of production is changed.

Long-run Average Total Cost

The average total cost when all factors of production are variable and economies of scale are fully exploited, indicating the lowest possible cost per unit.

Economies of Scale

Economies of scale refer to the cost advantage that arises with an increased output of a product, as fixed costs are spread out over more units of production, leading to a decrease in the per-unit cost.