1. Which of the following will improve your salary bargaining position: a. The product your firm produces has become more costly to produce b. There are fewer close substitutes for the product your firm supports c. Competitor firms have developed new products that are similar d. New firms have entered with competing products that your firm produces.
2. In the sequential labor negotiation game: a. There is no advantage to either mover b. The second mover has an advantage c. The first mover has an advantage d. None of the above.