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When Conflict Management Results in One Party Achieving Its Desires

question 79

Multiple Choice

When conflict management results in one party achieving its desires and the other party not achieving its desires, a __________ conflict will occur.

Recognize the role of property rights in market efficiency.
Understand how market equilibrium affects efficiency and total surplus.
Recognize the concept of market failure and externalities.
Understand the impact of government interventions on market efficiency and surplus.

Definitions:

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