Why Do Unionized Firms Have Lower Research and Development Budgets

question 31

Multiple Choice

Why do unionized firms have lower research and development budgets?

• A) Higher labor costs compared to nonunion firms
• B) Lack of skilled workers compared to nonunion firms
• C) Less productive workforce compared to nonunion firms
• D) Higher share prices compared to nonorganized firms

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Definitions:

Offspring

The product of reproduction, a new organism produced by one or more parents.

Meiosis

A process of cell division in sexually reproducing organisms that reduces the number of chromosomes in reproductive cells to half, leading to the production of gametes or spores.

Parental Chromosome Number

The parental chromosome number refers to the specific number of chromosomes found in the genetic material an organism inherits from its parents, typically half from each.

Parent Cell

The cell that divides to give rise to daughter cells during cell division.