Which of the Following Is True of the American Federation

question 88

Multiple Choice

Which of the following is true of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) ?

• A) It is the largest labor union in the U.S.
• B) It represents labor's interests in public policy issues.
• C) It is the only association of unions existing in the U.S. today.
• D) It is part of the U.S. Chamber of Commerce.
• E) It consists of about seven national and international unions.

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Definitions:

Marginal Cost

The charge for producing another unit of a good or service.

Demand Curve

An illustrative chart that depicts how the demand for a product varies with changes in its price.

Total Costs

The overall expenditure on the production of goods or services, covering both fixed and variable costs.

Flight Capacity

The maximum number of passengers or the amount of cargo that an airline can transport in a given period.