Maslow Would Classify the Need for Recognition from Others and for Self

question 343

Multiple Choice

Maslow would classify the need for recognition from others and for self respect as needs.

• A)social
• B)esteem
• C) security
• D)physiological

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Definitions:

Variable Cost

A cost that varies with the level of output or activity, in contrast to fixed costs, which remain constant regardless of activity.

Fixed Costs

Expenses that do not change with changes in the volume of production or sales, such as rent, salaries, and insurance.

Break-Even Point

The point at which total costs and total revenues are equal, resulting in no net loss or gain.

Monthly Profit

The total revenue of a business minus the total expenses for the month, indicating the financial gain.