In the Mainstream School of Thought, Unions Are

question 51

Multiple Choice

In the mainstream school of thought, unions are:

• A) necessary to correct market imperfections.
• B) acceptable as a way to correct market imperfections.
• C) irrelevant in that they have little effect on the competitiveness of the market.
• D) monopolies that restrict market competition.

---

Definitions:

Stress Tolerance

The capacity to endure stress and react positively in challenging situations without becoming overwhelmed.

Adaptability Competency

The ability to be flexible and adjust to changing conditions or environments effectively.

Stress Tolerance

Capacity to withstand psychological and emotional stress without succumbing to adverse effects.

Resilience

The capacity to recover quickly from difficulties; mental toughness and adaptability in the face of challenges.