Examlex
Suppose the performance appraisals that salespeople receive are based solely on sales revenue to the exclusion of other important factors. Which of the following would these performance evaluations suffer from?
Excludable
A characteristic of a good or service that allows its owner to prevent others from using it, typically through the mechanism of property rights.
Rival in Consumption
A characteristic of a good whereby consumption by one individual prevents simultaneous consumption by another individual.
Rival in Consumption
A characteristic of goods whereby the consumption by one individual reduces the availability of the good for consumption by another individual.
Potato Chips
Thin slices of potato that are fried or baked until crisp and served as a snack.
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