Examlex
_____ is a technique for distributing ratings that are generated with any of the other appraisal methods and comparing the ratings of people in a work group.
Relative Price
The price of one good or service compared to another, usually expressed as a ratio or quotient.
Substitution Effect
The change in consumption patterns due to a shift in the relative prices of goods, leading consumers to substitute one good for another.
Input Price
The cost of resources (labor, materials, etc.) used in the production of goods or services.
Complementary
Goods or services that are often used together, such that the increase in consumption of one leads to an increase in the consumption of the other.
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