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-In the above figure, along the section of the demand curve between point a and point b, demand is
Win-Win
A situation or outcome where all parties involved gain or benefit in some way, ensuring no losers.
Steven Covey
An American educator, author, and businessman known for his book "The 7 Habits of Highly Effective People," which outlines a framework for personal effectiveness.
Third Alternative
A conflict resolution approach that seeks a solution beyond the initial positions of the parties involved, aiming for an outcome that satisfies all parties.
Bargaining Zone
refers to the range within which two parties in a negotiation are willing to compromise or agree on terms.
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