Answered

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What is the term for when people fail to reach a mutually beneficial equilibrium because they lack a way to synchronize their actions

Sagot :

Lanuel

Answer:

A coordination failure.

Explanation:

A coordination failure is the term used for describing a situation when two or more people fail to reach a mutually beneficial equilibrium because they lack a way to synchronize their actions. Thus, a coordination failure simply occurs when two or more people or businesses are lacking coordination in their actions and as a result are unable to reach a mutually beneficial equilibrium or compromise.

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