When Conflict Management Results in One Party Achieving Its Desires

question 148

Multiple Choice

When conflict management results in one party achieving its desires and the other party not achieving its desires,a __________ conflict will occur.

• A)Win-win.
• B)Win-lose.
• C)Satisficing.
• D)Lose-lose.
• E)Neutral.

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Definitions:

Marginal Cost Curve

The marginal cost curve graphically represents the cost incurred in producing one additional unit of a good.

Average Fixed Cost

Represents the fixed costs of production (costs that do not change with the level of output) divided by the quantity of output produced.

Total Cost Curve

A graphical representation showing the total cost incurred by a firm at different levels of output.

Variable Input

An input in the production process that can be adjusted in the short term to change the level of output.