Betsy works as a housekeeper for a large hotel chain. She would like the housekeepers to form a union because she heard that a Hyatt hotel in Boston recently replaced their entire housekeeping staff with temporary workers from a staffing agency. The formation of a union in this case would provide which objective of unionization?
A) Higher compensation
B) Improved work rules and working conditions
C) Increased job security
D) Defined grievance procedures
E) Power through solidarity
Question 2
Monopolistic competition is a market situation in which:
A) sellers must differentiate their products from competitors.
B) only one product is available.
C) a few identical products are available.
D) the same price is charged for all products.
E) the government regulates prices.
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