Examlex
HealthCorp has an immediate need for an experienced IT manager.The firm's HR manager has decided that the best external source for the position is the firm's competitors in the labor market.Which of the following methods would most likely be LEAST effective for HealthCorp?
Giffen Goods
A type of good for which demand increases as the price increases, and falls when the price decreases, violating the basic law of demand in economics.
Law of Demand
A fundamental principle stating that all else being equal, as the price of a good increases, the quantity demanded of that good decreases, and vice versa.
Marginal Utilities
The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.
Optimal Choice
The decision that yields the highest benefit or utility for an individual, considering constraints and available information.
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