Which of the Following Statements Accurately Describes the Status of Unions

question 52

Multiple Choice

Which of the following statements accurately describes the status of unions in Japan?

• A) When Japanese unions go on strike, they do so for very short periods of time, often a half day or less
• B) The average Japanese employee strikes for about 2 minutes a year, compared to 11 minutes for the United States, and 30 minutes for Spain
• C) There is no cross-union cooperation in Japan
• D) Unions agreed to extend the traditional shunto, or Spring Wage Offensive, when strikes were no longer necessary

---

Definitions:

LMC Curves

Abbreviation for Long-Run Marginal Cost curves, which represent the cost to produce one additional unit of goods when all inputs can be varied.

Returns to Scale

The change in output resulting from proportional change in all inputs (factors of production); can be increasing, constant, or decreasing.

Returns to Scale

The change in output resulting from a proportional change in all inputs (factors of production); it identifies whether increasing inputs leads to proportionate, more than proportionate, or less than proportionate changes in output.

Marginal Cost Curve

A graphical representation that shows how the cost of producing one more unit of a good varies as the quantity of production increases.