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Task conflict is more likely to escalate into relationship conflict among employees in highly cohesive teams.
Welfare Economics
The branch of economics that focuses on the optimal allocation of resources and goods and how the allocation affects social welfare.
Equitable Outcome
An equitable outcome is a situation or result in economic transactions or distributions that is considered fair or just among all parties involved.
Contract Curve
In economics, a line on an Edgeworth box diagram representing the set of optimal allocations between two parties.
Egalitarian View
A perspective advocating for equal rights, benefits, and opportunities for all members of society.
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