Difficulty: Easy
Correct Answer: Give and take
Explanation:
Introduction / Context:
Bargaining is a negotiation process to reach mutual agreement. The question asks for the element inherent to bargaining.
Given Data / Assumptions:
Concept / Approach:
At its core, bargaining entails reciprocal concessions—each side offers something and expects something in return, i.e., “give and take.”
Step-by-Step Solution:
Verification / Alternative check:
Whether in markets, labor talks, or daily life, bargaining without reciprocal movement is mere dictation, not negotiation.
Why Other Options Are Wrong:
Generosity may occur, but is not required. Baseness is a value judgment, not intrinsic. Costliness is incidental, not definitional.
Common Pitfalls:
Confusing typical haggling tone with the logical structure of bargaining.
Final Answer:
Give and take
Discussion & Comments