In the real world,it is likely that wage negotiations:
A) drag on for years to see which side is more patient.
B) often end with the company enjoying a larger payoff, since they can afford to be more patient.
C) often end with the worker's enjoying a larger payoff, since they are not losing as much in profit as the company.
D) do not drag on for years.

Question

Quizplus · Accepted Answer

Wage negotiations in the real world typically do not drag on for years as it would not be productive or efficient. Both parties have an interest in reaching an agreement in a reasonable amount of time in order to move forward with their business activities. While negotiation outcomes will vary, it is not accurate to assume that either the worker or the company will always come out with a larger payoff.

In the Real World,it Is Likely That Wage Negotiations