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Sam, an HR manager, is asked to deal with a violent employee who is threatening her supervisor for not giving him an increment. Which of the following should Sam avoid while talking to the employee?
Surplus
When the quantity supplied of a commodity surpasses the quantity demanded, often resulting in a decrease in price to balance the disparity.
Monopolist
An individual or entity that has exclusive control over the production and selling of a particular good or service.
Deadweight Loss
The decrease in economic effectiveness due to the inability to achieve or the unachievable status of market equilibrium for a specific good or service.
Marginal Cost
An elevation in the cumulative expense resulting from manufacturing one more unit of a product or service.
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