The Conflict Style Where One Has a Low Concern for Him/herself

question 30

Multiple Choice

The conflict style where one has a low concern for him/herself and a high concern for others is called​

• A)​avoiding.
• B)​collaborating.
• C)​compromising.
• D)​competing
• E)​accommodating.

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Definitions:

Externalities

Costs or benefits that affect a party who did not choose to incur that cost or benefit, often leading to market failures.

Private Sector

The part of the economy that is run by individuals and companies for profit and is not state controlled.

Transaction Costs

Transaction costs are the expenses incurred in buying or selling goods or services, which can include search and information costs, bargaining costs, and enforcement costs.

Optimal Pigouvian Tax

A tax designed to correct the inefficiencies in a market that experiences externalities, set at a level that equates the marginal social cost of the externality with the marginal social benefit.