One of the Grounds on Which the National Labor Relations

question 18

Multiple Choice

One of the grounds on which the National Labor Relations Board will review an election is if:

• A)the majority of employees demand review.
• B)the procedure involved some error that prejudiced a party.
• C)there is a tie among the parties.
• D)the parties demand review.

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Definitions:

Rational Decision Makers

Individuals or organizations that make choices that maximize their utility, based on systematic analysis of options and outcomes.

Expected Marginal Benefit

The additional benefit perceived by a consumer or producer from consuming or producing one more unit of a good or service.

Expected Marginal Cost

Refers to the anticipated increase in cost for producing one additional unit of a good or service.

Macroeconomics

The study of the economic behavior of entire economies, as measured, for example, by total production and employment.