The Want-Satisfying Power of a Good or Service Is Called

question 27

Multiple Choice

The want-satisfying power of a good or service is called ________________________.

• A) conversion process
• B) utility
• C) authority
• D) information sharing

Know the rights of employees and obligations of employers during a union election phase.

Understand the role of the NLRB in regulating union activities and employer-employee relations.

Recognize the legal and illegal tactics in union organizing and campaigning.

Distinguish between discriminatory and non-discriminatory practices in the workplace regarding union activities.

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Definitions:

Productivity Growth

An increase in the efficiency of production, often measured as the increase in output per unit of input over time.

Computers

Electronic devices that are capable of executing a series of arithmetic or logical operations.

U.S. Investment Spending

Money expended on capital goods in the United States, which includes expenditures on equipment, infrastructures, and buildings.

Computing Technology

The branch of technology that encompasses computers and their software, hardware, and networking capabilities.