The balance between efficiency, equity, and voice in a voluntaristic system depends to a large extent on ____________________.
A) the ratio of workers to management
B) the strength of the union contract
C) labor law
D) relative bargaining power

Question

Quizplus · Accepted Answer

The balance between efficiency, equity, and voice in a voluntaristic system depends to a large extent on relative bargaining power. This refers to the power dynamics between employers, employees, and any representative unions or organizations. If one party has significantly more bargaining power than the other, it may negatively impact the balance between efficiency, equity, and voice in the system. Therefore, it is crucial to have a fair distribution of bargaining power to ensure the effective functioning of a voluntaristic system.

The Balance Between Efficiency, Equity, and Voice in a Voluntaristic