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Which of the following uses of performance appraisals looks within the organization to provide consistency between individual and organization performance?
Normal Good
A good that has a positive income elasticity, so that as consumer income rises, demand for the good rises, too.
Market Supply
The total quantity of a good or service that sellers are willing and able to sell at a given price over a specific period.
Elasticity
Elasticity refers to the measure of how much the quantity demanded or supplied of a good changes in response to a change in price.
Normal Good
A good for which demand increases as the income of consumers increases and decreases as the income of consumers decreases.
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