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If the bus fare of a city increases from $1.00 to $1.10 per ride and as a result total revenue increases, then we know that
Resistance Point
The maximum point of opposition or pushback in negotiations or discussions.
Pay Increase
An upward adjustment in an individual's salary or wages, often recognized as a reward for performance or due to changes in market conditions.
Labor Negotiations
The process of collective bargaining between employers and employees (or their representatives) over wages, working conditions, benefits, and other aspects of workers' compensation and rights.
Mandatory Items
Including wages, working hours, and benefits, must be included as part of collective bargaining if either party expresses a desire to negotiate one or more of them.
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