During the Lunch Break at Secure Seat Belt Corporation, Ben's

question 78

Multiple Choice

During the lunch break at Secure Seat Belt Corporation, Ben's friend Dan was enthusiastic about the Employee Free Choice Act. According to Dan, if congress passes this legislation,

• A)employees will no longer be under any pressure to join the union.
• B) employees will have a choice of higher pay or the assurance of good union representation with safety issues.
• C) union representatives will have the right to choose which members of management will participate in collective bargaining for the company.
• D)unions will win the right to replace secret ballot voting for union certification with a card check, an open authorization method of securing votes for union representation.

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Definitions:

Supply Elasticity

Measures the responsiveness of quantity supplied to a change in the price of a good or service.

Total Revenue

The overall amount of money generated by a firm from its sales activities before any costs or expenses are subtracted.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in its price; high elasticity indicates a significant response, while low elasticity indicates little to no response.

Dairy Farmers

Individuals or businesses involved in the production of milk and possibly other dairy products from animals such as cows or goats.