In Maslow's Theory, the Need to Belong to Informal Social

question 98

Multiple Choice

In Maslow's theory, the need to belong to informal social groups both on and off the job is an example of _____ needs.

• A)physiological
• B)esteem
• C)security
• D)social
• E)self-actualization

---

Definitions:

Producer Surplus

The gap between what sellers are prepared to take for a product or service and the actual amount they get.

Inelastic

This refers to a lack of sensitivity in the quantity demanded or supplied when the price changes.

Elastic

Describes a situation in economics where the demand or supply for a good or service significantly changes in response to a change in price.

Substitute Goods

Products or services that can be used in place of one another, with their demand being inversely related: as the price of one rises, the demand for the other increases.