Collective bargaining refers to
A)the process by which the government sets exemptions from the minimum wage law.
B)setting the same wage for all employees to prevent conflict among workers.
C)firms colluding to set the wages of employees below equilibrium.
D)the process by which unions and firms agree on the terms of employment.

Question

Quizplus · Accepted Answer

Collective bargaining is the negotiation process between unions and employers to agree on wages, working hours, work conditions, and other terms of employment.

Collective Bargaining Refers to