Examlex
-The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for cod, a common resource. The market equilibrium with no government intervention is
Neutral Third Party
An unbiased individual or group not directly involved in a dispute or negotiation, brought in to facilitate a resolution or agreement.
Conciliation Service
An intermediary service that facilitates negotiation between conflicting parties to reach an agreement, often used in labor disputes.
National Labor Relations Board
A US government agency responsible for enforcing US labor law in relation to collective bargaining and unfair labor practices.
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