What happens in collective bargaining?
a. workers go out on strike to gain their objectives.
b. representatives of unions and companies negotiate new labor contracts.
c. the unions usually reach all of their goals.
d. the courts decide how much companies will pay workers.

Option B, Representatives of unions and companies negotiate new labor contracts, is the right answer.

Explanation:

A process through which the representative of the labor union bargains with the group of employees on various issues such as working conditions, salaries, compensation and rights for workers, and other benefits of workers, is known as collective bargaining. The collective agreements that both these groups reach following negotiations generally fix working hours, wage scale, training, overtime, health and safety and to participate in the affairs of the company.

changes in factors like average income and preferences can cause an entire demand curve to shift right or left. this causes a higher or lower quantity to be demanded at a given price. demand curves relate the prices and quantities demanded assuming no other factors change. it is important for consumers to know this information, because it is crucial for them to know what they can afford and can't afford. i hope this .

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