Which of the Following Pairs of Equations Describes the Supply

question 38

Multiple Choice

Which of the following pairs of equations describes the supply and demand curves given in the accompanying demand and supply tables? $$\begin{array} { | c | c | c | } \hline \text { Price } & \text { Quantity Supplied } & \text { Quantity Demanded } \\\hline \$ 0 & 0 & 3 \\\hline \$ 1 & 0 & 2 \\\hline \$ 2 & 1 & 1 \\\hline \$ 3 & 2 & 0 \\\hline \$ 4 & 3 & 0 \\\hline \$ 5 & 4 & 0 \\\hline\end{array}$$

• A) Qs = 1; Qd = 1 ? 3P, respectively
• B) Qs = P; Qd = 3 ? 3P, respectively
• C) Qs = P + 1; Qd = 3 ? P, respectively
• D) Qs = P ? 1; Qd = 3 ? P, respectively

Understand the distinction between Maslow's hierarchy of needs and other motivational models (e.g., McClelland's learned needs model, Herzberg's motivator-hygiene theory).

Know the process of motivation and the core phases involved in it.

Recognize the cultural variations in motivational models and their application in different cultural contexts.

Understand the concept of deficiency and growth needs within the context of Maslow's hierarchy.

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