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Holding other factors constant, if 3D-printing technology allows factory workers to manufacture more products per hour, then the real wages of factory workers will ______ and employment of factory workers will _____.
Negotiation
A process where two or more parties discuss an issue in an attempt to reach a consensus or an agreement.
Social Contract
A theoretical agreement between the members of a society or between a society and its rulers about the rights and duties of each.
Unavoidable Tactic
A strategy so essential to a situation that avoiding it could significantly impact the outcome.
Full Control
A situation or condition where an individual or organization has complete authority and power over a particular area or process.
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