The process of negotiation between labor unions and management to resolve disputes concerning benefits, compensation, working conditions, and job security is known as .

Collective bargaining.

Explanation:

Collective bargaining is the process of negotiation between an organization's (workers through their labor union) and their employers, to determine the working condition,benefits and salaries of each worker in that organization. An individual worker would find it hard to demand for better working conditions from employer but collectively a labor union of workers can easily demand for improved working conditions.

answer; ( prices are sticky);

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.