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10. One way unions and management handle increased competitive pressure is to negotiate wages that decrease the pay rates of future hires, but at the

10. One way unions and management handle increased competitive pressure is to negotiate wages that decrease the pay rates of future hires, but at the time keep or increase the pay of current employees. This is known as what? a. Proft sharing b. Two-tiered wage agreements c. Deregulation d. Pattern bargaining

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