Which of the Following Products Would Have the Lowest Transporting

question 208

Multiple Choice

Which of the following products would have the lowest transporting costs as a percentage of the selling price?

• A) Electronic equipment.
• B) Chemicals and plastics.
• C) Pharmaceuticals.
• D) Sand and gravel.
• E) Manufactured food.

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Definitions:

Lemuel Boulware

Was a corporate executive known for his strategy of dealing with unions and employees, which involved offering what he considered fair increases in wages and benefits up front, thus limiting negotiations.

Refusal

The act of declining to accept or comply with something such as an offer, proposal, or instruction.

Unilateral Change

Actions taken by an employer to alter conditions of employment (such as wages, hours, or terms) without consent or negotiation with the labor union.

Labor Market Trends

Observations and predictions concerning the changing dynamics of the workforce and employment opportunities.