Examlex
Which of the following is an error that occurs in performance appraisals when a rater allows a single prominent characteristic of an employee to influence his or her judgment on each separate item in the performance appraisal?
Price Elasticity
An indicator of the sensitivity of the demand for a product to fluctuations in its price.
Gasoline Demand
The total quantity of gasoline that consumers are willing and able to purchase at a given price over a certain period.
Price Elasticity
A measure of how the quantity demanded or supplied of a good changes in response to a change in its price.
Gasoline Demand
Gasoline demand refers to the quantity of gasoline that consumers are willing and able to purchase at various prices during a certain period of time.
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