Intel Corporation, a major manufacturer of microchips, saw the demand for its product drop by 25%. Even though the demand for its product decreased, Intel did not cut the wages of its nonunionized workers. This is an example of

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This is an example of an implicit or social contract not to cut wages. Despite the decrease in demand for Intel's microchips, the company chose to maintain the wages of its nonunionized workers. This suggests that there is an expectation or understanding between the company and its employees that wages will not be cut in such situations, even if there is no formal contract in place. This is an example of an implicit or social contract.

Intel Corporation, a Major Manufacturer of Microchips, Saw the Demand