Which of the Following Is an Example of Featherbedding

question 27

Multiple Choice

Which of the following is an example of featherbedding?

• A)a craft union's restricting entry into its profession
• B)a union-imposed wage floor
• C)an increase in labor productivity that results from a decrease in quit rates
• D)attempts to reduce the sale of nonunion goods
• E)a construction workers union's requiring an unnecessarily large number of workers to do a particular job

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Definitions:

Coercive Force

Coercive force refers to the power or authority to enforce compliance or control through the use of threat, punishment, or force.

Political Goods

Political goods are benefits or services provided by governments or political entities that are not easily quantifiable, such as national security or public order.

Competitive Forces

Competitive forces refer to the various external pressures that businesses face in the market, including competition from other firms, the bargaining power of customers and suppliers, and the threat of substitutes.

Competitive Behavior

Actions taken by businesses to gain advantage over their competitors, often through pricing, innovation, or quality improvements.