Examlex
Which was not one of the norms developed by the wiremen at Western Electric Company's Hawthorne plant in Chicago?
Consumption
The use of goods and services by households, contributing to their satisfaction and utility.
WARP
An abbreviation for the Weak Axiom of Revealed Preference, a concept in economics that relates consumer choice to their preferences.
Bundle
A combination of goods or services that is considered together as a single composite good.
Laspeyres Price Index
An index used to measure the change in the cost of purchasing a fixed basket of goods and services over time, using the prices from the base period as weights.
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