Union Membership as a Share of the Work Force Is

question 5

Multiple Choice

Union membership as a share of the work force is ____ in states with right-to-work laws. (Fill in the blank)

• A) above the national average.
• B) below the national average.
• C) greater than 50 percent.
• D) close to 100 percent.

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Definitions:

Variable Cost

Costs that vary in accordance with a company's operational volume.

Fixed Costs

Costs that do not change with the level of output or activity, including salaries, rent, and insurance.

Activity Level

A measure of the amount of work or production a business undertakes, which can affect costs and efficiencies.

Total Cost Line

A graphical representation of how total costs change with changes in the level of activity or production volume.