For the past three years, Juan has worked on the line at a large tool manufacturing plant. His job is to arrange the tools in a holding tray and send them through the chrome bath to be plated. Juan has little contact with other workers and often finds his job to be tedious and dull. When he hears a union organizer is visiting the plant, he is one of the first in line to show support for the formation of a union. Juan's reason for wanting to join a union is likely to:
A) combat feelings of alienation.
B) increase job security.
C) correct perceived deficiencies.
D) keep his job.
E) reinforce his family's support for the union.
Question 2
You live in a mixed economy and currently produce granola bars that are organic and non-GMO. As a result, consumers are willing to pay more for your product for others on the market. Based on the concept of supply and demand, how is this likely to affect your production planning?
A) You will leave production unchanged, but upgrade your packaging to differentiate from your competitors.
B) You are not able to make these decisions, as the government centrally plans your production.
C) You will decrease production and hope the increased pricing allows you to cover costs.
D) You will increase production to take advantage of the higher prices.
E) You will decrease production, but also minimize costs of production to compete in this industry of perfect (or pure) competition.
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