Which of the Following Factors Cause Markets to Be Dynamic

question 34

Multiple Choice

Which of the following factors cause markets to be dynamic?
I. changes in tastes
II. changes in technology
III. new idea development

• A) I and II only
• B) II only
• C) I, II, and III
• D) I only

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Definitions:

Legalistic Nature

Refers to actions or processes that are heavily reliant on formal legal procedures and regulations.

Collective Bargaining Contracts

Legally binding agreements resulting from negotiations between employers and labor unions on terms of employment.

Collective Bargaining Agreement

A legally binding agreement resulting from negotiations between a labor union and an employer that dictates the terms of employment.

Beck Rights

The rights of union members to object to the portion of their union dues used for political activities unrelated to collective bargaining, named after the Supreme Court case Communication Workers of America v. Beck.