Studies in the Last 30 Years Have Shown That in Highly

question 211

Short Answer

Studies in the last 30 years have shown that in highly concentrated industries __________ are seldom lowered,while similar studies of labor unions indicate that _________ cuts are seldom accepted.

---

Definitions:

Lockbox System

A service offered by banks to companies for the receipt of payment from customers, involving the collection and processing of checks at a secure location.

Customer's Account

A record maintained by a business or financial institution that tracks an individual customer's purchases, balances, and transactions.

Cheques Deposited

The act of placing a check into a bank account for processing and eventual availability of funds.

Electronic Lockboxes

Secure electronic devices used for safe storage and controlled access to keys or assets.