Labor negotiators conclude that if a company is experiencing high profits, it can better pay its employees who have contributed to the good financial conditions. This is called "ability to pay."

Question

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Labor negotiators often use the concept of "ability to pay" to argue for higher wages or better benefits in cases where the company is experiencing strong financial performance. The logic behind this argument is that if the company is making large profits, it should be able to afford to compensate its workers more generously.

Labor Negotiators Conclude That If a Company Is Experiencing High