Section 7 of the National Labor Relations Act Created Allowed

question 45

Multiple Choice

Section 7 of the National Labor Relations Act created allowed which labor activity?

• A) Strikes
• B) Wage negotiations
• C) Arbitration
• D) Collective bargaining

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Definitions:

Supply Curve

An illustration that depicts the connection between the cost of a commodity and the amount of the commodity that producers are prepared to offer.

Demand Curve

A graph showing the relationship between the quantity of a good that consumers are willing to buy and its price.

Positive Relationship

A relationship between two variables in which an increase in the value of one variable is associated with an increase in the value of the other variable. It is illustrated by a curve that slopes upward from left to right.

Quantity of Lemonade

The amount of lemonade produced or available for sale at any given time.