Examlex
State the differences that are evident when rewarding employees in generations including Generation Y, Generation X and the baby boomers.
Income Increase
A rise in the amount of money earned by a person, group, or country, which can affect purchasing power and consumption patterns.
Substitute Good
A product or service that a consumer sees as the same or similar to another product.
Price
The cost associated with obtaining a good or service.
Market Quantity
The total amount of a product or service that is available for purchase at any given time in a market.
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