Which Statement Best Reflects the Progress of U

question 2

Multiple Choice

Which statement best reflects the progress of U.S. labor unions over the last sixty years?

• A) They have experienced steady growth and now represent 35 percent of workers.
• B) After being painted as ''socialist,'' they saw their enrollment suffer badly through the
• C) Enrollment seems to rise and fall each decade, but with an overall peak since the turn of the twenty-first century.
• D) They have benefited greatly from the steady influx of manufacturing away from other countries.
• E) They grew steadily following World War II, peaked in the 1950s when about a third of Americans belonged to a union, then have watched their numbers dwindle as more manufacturing jobs move overseas.

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Definitions:

Controllable Fixed Costs

Expenses that do not change with production level but can be altered or managed by decisions at the management level.

Average Operating Assets

The average value of the assets that are used in the day-to-day operations of a business, calculated over a specific period.

Operating Assets

Operating assets are long-term assets used in the operations of a business to generate revenue.

Contribution Margin

The amount by which the sale of products or services exceeds variable costs, contributing to the coverage of fixed costs and profit generation.