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Assuming that bus travel is an inferior good, an increase in consumer income, other things being equal, will cause a(n) :
Red-Circled Rates
Pay rates that are above the maximum of the pay scale for a position, often protected for a period even if they exceed normal salary ranges.
Merit Raises
Salary increases awarded to employees based on their performance and achievements, as opposed to cost of living adjustments or across-the-board increases.
Performance Appraisal
The process by which organizations evaluate employee job performance over a period of time.
Critical Behaviours
Actions or patterns of actions that significantly impact the effectiveness or performance in specific contexts or roles.
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