Explain making the union a take it or leave it offer


Suppose a UAW labor contract with General Dynlamics is being renegotiated. SOme of the many issue on the table include job security, health benefits, and wages. If you are an executive in charge of human resource issues at General Dynamics, would you be better off (a) letting the union bear the expense of crafting a document summarizing its desireed compensation or (b) making the union a take it or leave it offer? explain.

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Microeconomics: Explain making the union a take it or leave it offer
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