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AlexFokin [52]
3 years ago
6

Collective Bargaining Westwood Industries is a company specializing in sheet metal fabrication. Most of its employees are member

s of the National Metal Workers Union (NMWU). Westwood and NMWU are negotiating a collective bargaining agreement. After extensive good faith efforts, the parties have reached an impasse. NMWU leadership believe their proposals are fair and justifiable. They see no choice but to commence a strike against Westwood. When the strike begins, NMWU demands a 10% increase in wages and contacts local media outlets to support their cause. NMWU members also form a barrier that denies nonunion workers access to the plant. Finally, NMWU workers organize an immediate sit-down strike inside the plant. Are these tactics permissible?
Business
1 answer:
Setler79 [48]3 years ago
8 0

Answer:

Since Westwood's workers are not government workers, nor railroad or airline workers, nor farmers or domestic workers, they are allowed to strike by the National Labor Relations Act of 1935.

Unions are allowed to call media outlets, and they always do in order o increase public pressure against the company.

Massed picketing (forming barriers and not allowing workers to enter a factory) and sit down strikes are not legal, they are forbidden by the National Labor Relations Act.

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Answer:

Market price today   $955.1347

Explanation:

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<u>Present value of the annuity</u>

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time = 9 years x 2 payment per year = 18

rate = 8.73% = 0.0873 = 0.0873/2 = 0.04365

40 \times \frac{1-(1+0.04365)^{-18} }{0.04365} = PV\\

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<u></u>

<u>Present value of the maturity</u>

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity = face value =   1,000.00

time   18.00

rate  0.04365

\frac{1000}{(1 + 0.04365)^{18} } = PV  

PV   463.46

<u>Now we add both together to get the present value of the bond</u>

PV c   $491.6747

PV m   $463.4599

Total   $955.1347

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Due to thus reason, the government must mandate lower prices as this will help in increasing the quantity demanded of beef, reduce quantity supplied and hence, the surplus will be curtailed.

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Explanation:

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