Three Coworkers Are Heatedly Discussing What to Order for Their

question 101

Multiple Choice

Three coworkers are heatedly discussing what to order for their department lunch that day. Spencer wants to have Italian food, while Hope wants Mexican food. Emile says that he wants to eat something healthful, such as food from a salad bar. Hope finally says it does not matter and walks away frustrated with the situation. Spencer suggests to Emile that there is an Italian fast food restaurant that has salad on the menu, so they both could get some of what they want. Emile, concerned for Hope's feelings, says that they should get Mexican food.Which approach to conflict does Emile use?

• A)avoidance
• B)collaboration
• C)accommodation
• D)assertiveness
• E)competition

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Definitions:

Price Ceilings

Legal maximum prices set for particular goods and services, intended to protect consumers from very high prices.

Consumer Surplus

The variance between the actual cost paid by consumers and the maximum amount they're prepared to pay for a good or service.

Market Equilibrium

The point at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in a stable market price.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product or service to prevent market prices from rising above a certain level.