A Form of Labor Action in Which Workers Stop Production

question 166

Multiple Choice

A form of labor action in which workers stop production but do not leave their job site is a

• A) sit-down strike.
• B) catalyst.
• C) sit-in.
• D) civil disobedience strike.
• E) wait-out strike.

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Definitions:

Over Supplied

A market condition where the quantity of a good or service available exceeds the quantity demanded at the current price, often leading to a surplus and typically pressure on prices to decrease.

Marginal Cost

The rise in expenses for producing one more unit of a product or service.

Efficient Amount

The level of production or consumption that maximizes welfare and minimizes waste within an economy, often used in reference to optimal resource allocation.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air and is a major component of the carbon cycle.