Which of the Following Is Correct

question 87

Multiple Choice

Which of the following is correct:

• A) Unless the collective agreement provides otherwise, employers can assign work normally done by employees in the bargaining unit to employees outside of the bargaining unit.
• B) Employers can assign work normally done by employees in the bargaining unit to the firm's employees outside of the bargaining unit unless the collective agreement restricts contracting out.
• C) Supervisors cannot do work normally done by employees in the bargaining unit.
• D) Employers can assign work normally done by employees in the bargaining unit to employees outside of the bargaining unit provided that this does not cause layoffs.
• E) A collective agreement cannot impose any restrictions on bargaining unit work.

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Definitions:

Marginal Cost

The cost of producing one additional unit of a good or service.

Marginal Revenue

The additional income that an organization receives from selling one more unit of a product or service.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, representing the financial gain exceeding the opportunity costs of resources.

MR = MC

An economic principle stating that the maximum profit occurs where marginal revenue equals marginal cost, guiding firms on the optimal level of output.