Which of the Following Is Not Correct

question 22

Multiple Choice

Which of the following is not correct?

• A)When a union is present in a labor market,wages are determined by the equilibrium of supply and demand.
• B)Like any cartel,a union is a group of sellers acting together in the hope of exerting their joint market power.
• C)The process by which unions and firms agree on the terms of employment is called collective bargaining.
• D)Most workers in the U.S.economy are not members of a union.

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Definitions:

Structural Components

The physical parts or elements that make up an object, system, or organism, providing it with stability and form.

Microfilaments

Small, rod-like structures present in the cytoplasm of all eukaryotic cells, composed mainly of the protein actin, and involved in various forms of cell movement and in the maintenance of the cell's shape.

Rodlike Structures

Any elongated, cylindrical shapes or components found in biological organisms or cells, often referring to the physical structure of certain proteins or cellular organelles.

Actin

The protein of which microfilaments consist. Actin, together with the protein myosin, is responsible for muscle contraction.