Which of the Following Is True Regarding Strikes Under the National

question 28

Multiple Choice

Which of the following is true regarding strikes under the National Labor Relations Act?

• A)A union must contact the National Mediation Service to attempt to mediate its demands before beginning a strike to achieve higher wages or better working hours.
• B)A union has no obligation to inquire into mediation before beginning a strike for any reason.
• C)A union must contact the Judicial Arbitration and Mediation Services to attempt to mediate its demands before beginning a strike to achieve higher wages or better working hours.
• D)A union must contact the State Mediation Consortium to attempt to mediate its demands before beginning a strike to achieve higher wages or better working hours.
• E)A union must contact the Federal Mediation and Conciliation Services to attempt to mediate its demands before beginning a strike to achieve higher wages or better working hours.

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Definitions:

Externalities

External impacts of an economic activity on unrelated third parties, which can be either positive or negative.

Market Price

The existing cost at which a service or asset can be acquired or disposed of in a given market.

Market Fail

A situation where the allocation of goods and services by a market is not efficient, typically due to reasons like externalities, market power, or public goods.

External Benefit

A positive effect of a transaction or activity on a third party who is not involved in the transaction, also known as a positive externality.