Final answer:
The correct answer is a. negotiation. Negotiation is a process in which two or more parties exchange goods or services and attempt to agree upon the exchange rate for them. It is used in politics and is an essential aspect of resource allocation in market economies.The correct answer is a. negotiation.
Step-by-step explanation:
The correct answer is a. negotiation. Negotiation is a process in which two or more parties exchange goods or services and attempt to agree upon the exchange rate for them. In politics, bargaining is often used to resolve conflicts by engaging in negotiations and attempting to reach a mutually beneficial solution. Bargaining is an essential aspect of resource allocation and decision-making in various economic systems, including market economies like capitalism.