Louis, a Union Organizer in Ontario, Needs What Minimum Percentage

question 14

Multiple Choice

Louis, a union organizer in Ontario, needs what minimum percentage of signed authorization cards before the union can apply for a certification election?

• A) 40 percent
• B) 50 percent
• C) 75 percent
• D) 30 percent

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers, usually downward sloping to the right indicating inverse relationship between price and quantity demanded.

Normal Good

A good for which demand increases as the income of the consumer increases, and vice versa.

Income Increase

Refers to a rise in the amount of money earned by an individual or entity, which can affect purchasing power and economic status.

Demand Curve

A graphical representation showing the relationship between the price of an item and the quantity demanded at those prices.