Applied Analytics Company Encourages Its Employees to Join a Union

question 58

Multiple Choice

Applied Analytics Company encourages its employees to join a union, pays union workers for time spent on union activities, and provides financial aid to the union. Under the National Labor Relations Act, these acts

• A) are permitted as long as new hires are not required to join the union.
• B) effectively rebut a charge of discrimination against union employees.
• C) show the employer recognizes the need to protect employees' rights.
• D) may constitute improper domination, an unfair labor practice.

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Definitions:

Perfect Competition

A market structure characterized by a large number of small firms, homogeneous products, and free entry and exit, making firms price takers.

Average Total Cost

The total cost of production divided by the quantity produced, indicating the average cost of producing each unit of output.

Profit Maximization

The process by which a firm determines the price and output level that returns the greatest profit, considering costs and market demand.

Short-Run Supply Curve

A graphical representation showing the relationship between the market price of a good and the quantity supplied by producers in the short term.