Examlex
Use the figure below to answer the following question. Figure 2.1.4
-Refer to the production possibilities frontier in Figure 2.1.4.Which point is unattainable?
Mutual Gains
Benefits that are shared or enjoyed by all parties involved in a negotiation, agreement, or cooperative effort.
Concessions
Acts of yielding or compromising in a negotiation, where one party agrees to give up part of their demands to reach an agreement.
Proposal
A plan or suggestion put forward for consideration or discussion by others.
BATNA
Best Alternative To a Negotiated Agreement; the most advantageous course of action a party can take if negotiations fail.
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