In This Method of Job Evaluation,certain Classes of Jobs Are

question 19

Multiple Choice

In this method of job evaluation,certain classes of jobs are defined on the basis of differences in duties,responsibilities,skills,working conditions,and other job-related factors.Identify the method.

• A) Job grading
• B) Job ranking
• C) Point method
• D) Factor comparison method

Identify the challenges of applying the scientific method to economics due to the unpredictable nature of human behavior.

Calculate and interpret the slope of budget lines in various economic scenarios.

Distinguish between the economizing problem and the concept of scarcity in economics.

Understand the concept of opportunity cost in decision-making under scarcity.