Which of the Following Describe an Intermediate Good

question 41

Multiple Choice

Which of the following describe an intermediate good?

• A) John buys a baseball bat to play with his son.
• B) Jack buys a baseball bat for his professional baseball club.
• C) Jerry buys a baseball bat as a gift for his friend.
• D) Jeremy buys a baseball bat to play with his friends in the park.

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Definitions:

Behaviorally Anchored Rating Scales

A method of evaluating performance based on specific behaviors that are tied to numerical ratings.

Comparative Performance Appraisal

An evaluation method where an individual's performance is directly compared to that of their peers to identify relative strengths and weaknesses.

Graphic Rating Scale

A method used in evaluations, consisting of a line or scale on which respondents indicate their opinions or performance levels.

Performance Outcomes

The results or achievements of an individual or organization's work, often measured against predefined goals or standards.