Although Public Attitudes Toward Unions Had Softened by 1900

question 72

Multiple Choice

Although public attitudes toward unions had softened by 1900,

• A) workers almost never won a strike.
• B) Congress refused to recognize Labor Day as a federal holiday.
• C) most employers continued to fight organized labor.
• D) Congress declared the AFL illegal.
• E) workers began to turn toward the Socialist party.

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Definitions:

Fixed Costs

Overheads like rent, salaries, and insurance that stay the same, irrespective of how much is produced or sold.

Break-Even

The point at which total costs equal total revenues, resulting in no net loss or gain for a business.

Variable Cost

Costs that vary directly with the level of production or volume of output.

Fixed Costs

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance premiums, providing a basis for operational planning.