John, a Retail Store Manager, Is Concerned About a Union

question 50

True/False

John, a retail store manager, is concerned about a union organizing attempt at his store. He decides to visit each of his employees at home to discuss the matter in an "informal" setting. John's actions are likely to be considered grounds for invalidating the election.

---

Definitions:

Perfectly Competitive

A market structure where there are many buyers and sellers, all of whom have negligible impact on the market price.

Marginal Cost

The increment in total spending due to the manufacture of one more unit of a product or service.

Fixed Cost

Fixed Cost is a business expense that does not change with the level of goods or services produced within a certain period.

Variable Costs

Variable costs fluctuate with the level of output, increasing as production rises and decreasing as production falls.