Which of the Following Increases the Power of Unions

question 26

Multiple Choice

Which of the following increases the power of unions?

• A) Deregulation of an industry,removing a firm's monopoly power.
• B) An increase in the tariff on foreign inputs.
• C) An elastic demand curve.
• D) An increase in the price elasticity of demand for the industry's product.
• E) The firm not agreeing to a set number of union workers that it must employ (manning levels)

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Definitions:

Low-Context

Refers to communication in which most of the information is encoded in the explicit text rather than assumed by the context or understood between the lines.

Traditional

Pertains to customs, beliefs, or methods that have been passed down through generations.

Monochronic Time

A cultural concept referring to the preference for doing one thing at a time, emphasizing schedules, punctuality, and a linear sense of time.

Variable

A characteristic, number, or quantity that can be measured or quantified and can vary among individuals or over time.