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In the Real World,wage Negotiations Typically Do Not Drag on for Years

Question 10

Multiple Choice

In the real world,wage negotiations typically do not drag on for years:


A) because the company can simply offer the split that would eventually occur if the two sides played all the rounds.
B) because neither a company nor employees can afford to not work that long.
C) unless the employees play an ultimatum game using a union to negotiate.
D) None of these statements is true.

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