The Local Zoo Has a Pricing Policy in Which Senior

question 2

Multiple Choice

The local zoo has a pricing policy in which senior citizens pay a lower price than younger adults.This policy is:

• A)a form of perfect price discrimination.
• B)a form of third-degree price discrimination.
• C)certain to reduce total revenues for the zoo.
• D)certain to reduce the number of visitors to the zoo.

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Definitions:

Behaviorally Anchored Rating Scale

A performance appraisal method that uses specific examples of behavior to evaluate employees' performance.

Reliability

Is the consistency of a particular selection device—that is, it measures whatever it is supposed to measure without random error; this is not the same as accuracy.

Behavioral Examples

Specific instances of an individual's actions or reactions used to illustrate patterns of behavior.

Performance Appraisal

A systematic evaluation of an employee's performance at work, typically conducted by their supervisor to provide feedback and guide future development.