________ Is the Process by Which a Union Becomes Recognized

question 88

Multiple Choice

________ is the process by which a union becomes recognized by the National Labor Relations Board as the bargaining agent for a group of employees.

• A) Accreditation
• B) Certification
• C) Arbitration
• D) Affiliation

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Definitions:

Total Utility

The overall satisfaction or happiness a consumer gets from consuming a particular quantity of goods or services.

Risk-neutral

A risk preference suggesting indifference between taking a risk with a potential gain or loss and a certain outcome with the same expected payout.

Utility

A measure of satisfaction, happiness, or benefit derived from consuming a product or service.

Decreasing Rate

A situation in which the rate or speed of some process or action diminishes over time.