Behaviorally Anchored Rating Scales Are Designed to Reduce Halo,leniency,and Central

question 31

True/False

Behaviorally anchored rating scales are designed to reduce halo,leniency,and central tendency errors.

---

Definitions:

Competitive Market

A market structure characterized by many buyers and sellers where no single entity has the power to significantly affect the prices of goods and services.

Product Demand Elasticity

A measure of how sensitive the quantity demanded of a product is to changes in its price.

Marginal Productivity Theory

An economic theory that explains how the value of a productive input is determined by its contribution to the total output.

Income Distribution

The way in which total income is divided among the members of a society.