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[Employee Picketing] Amir owns a unionized business called "Amir's Furniture" that manufactures furniture. Employees are unhappy because they believe that during negotiations for a collective bargaining agreement, Amir is improperly refusing to give them a raise. The employees stop working for Amir's business and begin picketing. At first the employees carry signs with slogans such as "Labor Dispute - Amir Won't Pay a Fair Wage," meant to inform the public that a labor dispute has resulted because Amir is cheap. When that, however, fails to change Amir's mind, the employees begin staging pickets to prevent deliveries to Amir and to prevent access to employees who want to work. They carry signs saying "No Access to Amir - Shut Him Down."
-Which of the following is the correct term for the type of picketing the employees engaged in when they carried picket signs informing the public that Amir refused a raise?
Diminishing Marginal Returns
A principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain constant.
Per-worker Production Function
A mathematical representation of the relationship between output per worker and the amount of capital per worker, along with technology.
Capital
Financial assets or the financial value of assets, such as cash and securities, used to fund a business or generate wealth.
Diminishing Marginal Returns
The principle that as additional units of a factor of production are added to a fixed amount of other factors, the increase in output will eventually decrease.
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