Beth and Ruby Need to Know Which of Their Short-Listed

question 68

Multiple Choice

Beth and Ruby need to know which of their short-listed candidates are good with problem solving while working as a team. Which of these interview formats would you suggest?

• A) Panel interview
• B) Group interview
• C) Behavioural interview
• D) Stress interview

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Definitions:

Law of Diminishing Marginal Utility

The principle that as a person increases consumption of a product, there is a decline in the marginal utility that person derives from consuming each additional unit.

Ability-To-Pay Principle

The idea that those who have greater income (or wealth) should pay a greater proportion of it as taxes than those who have less income (or wealth).

Marginal Cost

the additional cost incurred to produce one more unit of a good or service.

Marginal Benefit

The added joy or utility one achieves by consuming an additional unit of a product or service.