Which of the Following Is NOT a Basic Organismic Need

question 61

Multiple Choice

Which of the following is NOT a basic organismic need identified as part of the self-determination theory?

• A)The need to fulfill physiological needs
• B)The need to feel competent
• C)The need to feel autonomous
• D)The need to relate to another person

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Definitions:

Natural Monopoly

A market condition where a single firm can supply a product or service to an entire market at a lower cost than what two or more firms can, often due to significant fixed or startup costs.

Competitive Level

Refers to the state of competition within a market where firms strive to gain an advantage over each other.

Marginal Cost

The added cost of producing one additional unit of a product.

Monopsony

Monopsony describes a market situation in which a single buyer substantially controls the market as the major purchaser of goods and services.