The Supreme Court Has Held in Several Cases That Unions

question 248

Multiple Choice

The Supreme Court has held in several cases that unions are not to use agency fees for political purposes without permission. As a result:

• A) unions generally ignore the law
• B) the National Labor Relations Board has developed a procedure to ensure that the Court's ruling is upheld
• C) unions have generally quit using agency fees for political purposes
• D) such fees have been redirected to charitable purposes
• E) there never was such a ruling by the Supreme Court, so this question is not relevant

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Definitions:

Profit Maximizes

The process or strategy of adjusting the production output and pricing to achieve the highest possible profit.

Monopolistic Competition

This is a market structure in which many companies sell products that are similar but not identical, allowing for competition on aspects other than just price.

Marginal Revenue

Revenue gained by selling an additional unit, illustrating the increase in total revenue due to one more unit of output sold.

Innovation

The process of creating new products, services, or methods that improve efficiency or effectiveness.