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MaKayla Perkins
on Nov 27, 2024

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Under modern capitalism, a firm experiencing a strike can keep labor costs low by doing which of the following?

A) Move operations to a country where workers do not have the right to strike.
B) Terminate union contracts.
C) Break up a union.
D) Invoke a union's wage hardship clause.

Strike

A work stoppage caused by the mass refusal of employees to work, often used as a form of protest against certain policies or practices of their employer.

Labor Costs

The total expenses incurred by businesses for wages, benefits, and payroll taxes for their employees.

Union Contracts

Legal agreements between labor unions and employers that outline terms of employment, wages, benefits, working conditions, and dispute resolution procedures.

  • Assess the role of government and public policy in shaping economic conditions and labor rights.
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Leslie ValenciaDec 02, 2024
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