The process by which union members and the firm's management negotiate a contract is called
a. settlement negotiation
b. collective bargaining
c. a union contract
d. collection arbitration
e. settlement bargaining
B
Economics
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Limit pricing is used primarily to:
A) discourage new firms from entering a market. B) reduce (limit) the profits of all of the firms in the industry. C) drive other firms out of a market. D) establish a minimum price all of the firms in the market will charge.
Economics
The profit earned from selling an asset for more than you paid for it is called
A. capital gains. B. the real interest rate. C. depreciation. D. appreciation.
Economics