List and Give an Example of Each of the Four

question 23

Essay

List and give an example of each of the four types of performance standards.

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Definitions:

Instances

Specific examples or occurrences of a particular event, situation, or phenomenon.

Subjective Utility

An individual's perceived value or satisfaction obtained from consuming goods or services.

Individual's Willingness

Refers to the level of readiness or eagerness a person has to engage in a particular behavior or action.

Outcome

The result or effect of an action, situation, or event; the consequence or end-result.