The National Labor Relations Board was primarily established for the purpose of ________

A) investigating unfair labor practice charges
B) overseeing the establishment of local unions
C) managing the membership of the AFL-CIO
D) negotiating contracts on behalf of local unions

Answer: A

Business

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Metro Museum has different admission prices for students, adults, and seniors. All three groups are entitled to the same services. This form of pricing is called ________ pricing

A) time-based B) location-based C) customer-segment D) by-product E) product form

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The long-run average cost (LRAC) curve indicates the ________

A) per unit cost of output in the long run B) projected total production costs of competitors C) variable costs incurred by a firm over time D) fixed costs incurred by a firm over the long term E) number of units the market will buy in a given time period, at different prices that might be charged

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