A closed shop is one in which
A) a union is prohibited.
B) some members belong to the union while others do not.
C) belonging to a union is a condition of employment.
D) the union is a co-manager of the day-to-day operations of the firm.
C
You might also like to view...
A financial statement that sums up a firm's financial position on a particular day is
A) an equity report. B) a balance sheet. C) statement of cash flow. D) an income statement.
According to the graph shown, producing 9 units earns profits that are:
A. higher than output of 11 units, and the firm should increase production. B. higher than output of 11 units, and the firm should decrease production. C. lower than output of 11 units, and the firm should increase production. D. lower than output of 11 units, and the firm should decrease production.