A Group of Employees in a Plant,firm,or Industry That Is

question 58

Multiple Choice

A group of employees in a plant,firm,or industry that is recognized by the employer,agreed on by the involved parties,or designated by the NLRB or its regional director as appropriate for the purposes of collective bargaining is known as a:

• A)community of interest.
• B)coordinated unit.
• C)contractual unit.
• D)bargaining unit.

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Definitions:

Output

The total amount of goods or services produced by a company, industry, or economy within a specific period.

Marginal Study Time

The additional benefit or improvement in performance obtained from studying for one more unit of time.

Marginal Returns

The additional output or benefit received from producing one more unit of a good or service.

Marginal Cost

The cost added by producing one additional unit of a product or service, a crucial concept for making economic decisions.