In the Delphi Technique,estimates Are Revised by ___________

question 86

Multiple Choice

In the Delphi technique,estimates are revised by ___________.

• A) groups
• B) individuals
• C) HR executives
• D) All of the above.

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Definitions:

Income Elasticity

A rephrased definition: The responsiveness of demand for an item to changes in the income of the people demanding the item.

Inferior Good

A good or service whose consumption declines as income rises, prices held constant.

Positive

Characterized by or denoting an effect, result, or attribute that is beneficial or conducive to growth or well-being.

Constant Elasticity

A condition where the elasticity, or responsiveness, of a variable does not change regardless of the level of the variable being examined.