Which of the Following Is Are) Correct Regarding Unionization in the Public

question 16

Multiple Choice

Which of the following is are) correct regarding unionization in the public sector:

• A) The public sector was unionized before the private sector.
• B) Union density is higher in the private sector than in the public sector.
• C) The percentage of union members who are female is higher in the public sector than in the private sector.
• D) a and c
• E) b and c

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Definitions:

Break Even

The point at which total costs and total revenues are equal, resulting in no net loss or gain.

Variable Costs

Costs that change in direct proportion to changes in levels of activity or production volume, such as materials and labor.

Fixed Costs

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance, necessary for running a business.

Break-Even Point

The juncture where the overall expenses match the total income, resulting in neither a profit nor a loss.