cost over the allocation of resources, they can solve the problem of externalities on their own
Collective bargaining 集体谈判
The process by which unions and firms agree on the terms of employment
Collusion 勾结
An agreement among firms in a market about quantities to produce or prices to charge
Commodity money 商品货币
Money that takes the form of a commodity with intrinsic value
Common resources 共有资源
Goods that are rival but not excludable
Comparable worth 同工同酬