Which of the Following Is Correct

question 33

Multiple Choice

Which of the following is correct?

• A)In unionized industries,wages are below the level that would prevail in competitive markets.
• B)The introduction of a union in an industry increases the quantity of labor demanded in that industry,causes some workers in that industry to be unemployed,and increases wages in the rest of the economy.
• C)Critics argue that the allocation of labor resulting from unions is both inefficient and inequitable.
• D)All of the above are correct.

---

Definitions:

Organization Development

A planned, systemic approach to improving the effectiveness of an organization through interventions in its processes, structure, and culture.

Intervention

A strategic action or process designed to modify the status quo or facilitate change, often used in the contexts of health, education, and organizational development.

Promoting Resilience

The process of encouraging individuals or communities to develop the capacity to recover quickly from difficulties or adapt in the face of adversity.

Times Of Change

Periods during which significant alterations occur in personal lives, organizations, or society as a whole.