Which of the Following Is True of the Functions Performed

question 94

Multiple Choice

Which of the following is true of the functions performed by the National Labor Relations Board (NLRB) ?

• A)Its functions are guided by a specific jurisdictional standard that is constant across industries.
• B)Its functions do not include conducting and certifying representation elections.
• C)It enforces the National Labor Relations Act that is based on the commerce clause of the U.S. Constitution.
• D)In practice, its functions are limited to purely local firms that fall within its jurisdiction.
• E)It not only responds to requests for actions but also initiates actions.

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Definitions:

Midpoint Method

A technique for calculating the percentage change in a variable, which averages the initial and final values to compute elasticity.

Price Elasticity

A measure of how responsive the quantity demanded of a good is to a change in its price, indicating how shifts in price can affect consumer demand and consumption.

Midpoint Method

A technique used in economics for calculating the percentage change between two values by dividing the change by the average of the initial and final values.

Price Elasticity

An indicator of the degree to which demand for a product fluctuates in response to its price variations, showcasing the product's price sensitivity.