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Maslow's hierarchy of needs is based on several assumptions,one of which is that
Long Run
A period of time in economics where all factors of production and costs are variable, and all adjustments to changes have been made.
Cabbage Patch Dolls
A line of soft sculptured dolls sold with birth certificates and adoption papers, popularized in the 1980s.
Christmas
An annual festival commemorating the birth of Jesus Christ, celebrated on December 25 by millions around the world.
Competitive Price-Searcher
A market participant who must actively search for market data and set prices based on perceived demand and competition, as they do not have the market power to set prices unilaterally.
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