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The split-halves method used to determine reliability of an employment test involves administering the test to a group of employees and later,usually in about two to four weeks,giving the same group the same test.
Value in Exchange
The worth that a product or service has in the marketplace, determined by what others are willing to give up in exchange for it.
Marginal Utility
The increased gratification or utility obtained by consuming an additional unit of a good or service.
Total Utility
The total satisfaction received by a consumer from consuming a certain amount of a good or service.
Marginal Utility
The change in satisfaction or utility derived by consuming an additional unit of a good or service.
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