Mega Corphired Permanent Replacement Workers When Its Union Went Out on on Strike

question 40

Multiple Choice

Mega Corp.hired permanent replacement workers when its union went out on strike seeking better medical and retirement benefits.After the strike is over,Mega Corp.

• A)must give the striking employees their jobs back since this was an economic strike.
• B)must give the striking employees their jobs back since this was an unfair labor practices strike.
• C)may hire additional workers without considering the striking employees who want their jobs back.
• D)does not have to give the striking employees their jobs back since this was an economic strike.

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Definitions:

Price Lowering

Price lowering involves reducing the selling price of goods or services, often as a strategy to increase demand or competitiveness in the market.

Monopolist Demand

Monopolist demand refers to the total market demand faced by a monopolist, which is the sole provider of a good or service in the market, and thus faces the downward-sloping market demand curve directly.

Nondiscriminating Monopolist

A monopolist who charges the same price to all customers for a good or service, without price differentiation.

Marginal Revenue

The increase in income realized from the sale of one additional product or service unit.