Which party (union or management) would likely be in a stronger position to bargain for its preferred wage outcome under the following conditions, and why?

 

Which party (union or management) would likely be in a stronger position to bargain for its preferred wage outcome under the following conditions, and why?

 

 

 high profits, an expanding market share, a healthy economy, and the cost of living rising less than two percent per year

 low profits, stagnant sales growth, uncertain economic conditions, and a projected four percent annual rise in cost of living

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