In a recent contract negotiation over the issue of wage increases, the union's resistance point was 2.5% and their target point was 3%. Management's resistance point was 3% and their target point was 2.75%. The size of the settlement range is:

A) 25%
B) 75%
C) 50%
D) Cannot be calculated from this example

Settlement Range

The range within which an agreement is acceptable to both parties involved in a negotiation, often determined by their respective needs and interests.

Resistance Point

The least favorable outcome that a party in a negotiation is willing to accept before walking away from a deal.

Target Point

The ultimate goal or aspiration that a negotiating party aims to achieve in a negotiation process.