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When output rises, unemployment falls.
Mandatory Bargaining
A legal requirement for employers to negotiate in good faith with recognized employee unions concerning wages, hours, and other terms and conditions of employment.
Permissive Bargaining
A type of bargaining in which the negotiating parties have the flexibility to agree upon and discuss a wide range of issues, not strictly limited to mandatory bargaining subjects.
Illegal Bargaining
Negotiation practices that violate labor laws, including refusing to negotiate or negotiating in bad faith.
Subprocesses Of Negotiations
The individual stages or elements within the negotiation process, including preparation, discussion, clarification, bargaining, and agreement.
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Q211: Refer to Figure 35-1. Assuming the price