Which of the Following Is Not Correct

question 22

Multiple Choice

Which of the following is not correct?

• A)When a union is present in a labor market,wages are determined by the equilibrium of supply and demand.
• B)Like any cartel,a union is a group of sellers acting together in the hope of exerting their joint market power.
• C)The process by which unions and firms agree on the terms of employment is called collective bargaining.
• D)Most workers in the U.S.economy are not members of a union.

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Definitions:

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Influential figures within communities in the Southern United States who often play significant roles in local governance, social, and cultural affairs.

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People of African descent living in the Caribbean islands, whose ancestors were brought to the region as slaves to work on plantations.

Jamaica

An island country situated in the Caribbean Sea, known for its vibrant culture and scenic beauty.

Largest Contingent

The biggest or most substantial part of a group or force.