Employee Agreements Not to Join Labor Unions as a Condition

question 59

Multiple Choice

Employee agreements not to join labor unions as a condition of employment were known as ______.

• A) anti-fraternization contracts
• B) yellow-dog contracts
• C) anti-socialization contracts
• D) featherbedding contracts
• E) free rider contracts

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Definitions:

Demand Schedule

A table that shows the quantity of a good that consumers are willing to purchase at different prices.

Total Revenues

The total amount of income generated by the sale of goods or services before any expenses are subtracted.

Perfectly Inelastic

A market demand situation where the quantity demanded remains constant regardless of changes in price.

Quantity Supplied

The amount of a commodity that is made available for sale by producers at a certain price level, over a given period.