In Economics, the Term ________ Means "Additional" or "Extra

question 238

Multiple Choice

In economics, the term ________ means "additional" or "extra."

• A)allocative
• B)marginal
• C)equity
• D)optimal

Identify the purposes of performance feedback and its impact on leadership and employee development.

Recognize various methods for measuring performance and their applications.

Analyze the criteria for determining the effectiveness of performance measures, including validity, reliability, and specificity.

Explore the roles of different sources of performance appraisal information and their biases.

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Definitions:

Procedural Unfairness

A perception of injustice resulting from the processes and methods used in decision-making or dispute resolution.

Satisfaction

The feeling of contentment or fulfillment resulting from achieving one's desires, expectations, or needs.

Disfranchised

Individuals or groups deprived of certain rights or privileges, often used in the context of voting rights.

Systematically

Performing actions or procedures in a methodical, organized manner according to a specified system or plan.