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The Finding That More Observable Traits Yield Better Interjudge Agreement

question 63

Multiple Choice

The finding that more observable traits yield better interjudge agreement suggests that peer judgment is based more on ________ than on ________.


Definitions:

Producer Surplus

The difference between the amount producers are willing to sell a good for and the amount they actually receive.

Tariff

A tax imposed by a government on goods and services imported from other countries to protect domestic industries.

Sugar

A sweet-tasting, soluble carbohydrate found in many plants and used as a sweetener in food and beverages.

Price Elasticity

A gauge of the degree to which demand for a merchandise reacts to alterations in its price, showing how susceptible the amount demanded is to changes in price.

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