) 
Based on the information in Exhibit 52, the demand for the good is__________ and an increase in price from $40 to $60 per unit will__________ total revenue.
Definitions:
Self-actualization
A psychological state or level of growth where an individual realizes and fulfills their own potential and capabilities.
Maslow's Hierarchy
A psychological theory proposed by Abraham Maslow that categorizes human needs into a five-tier model in the shape of a pyramid, starting from basic physiological needs to self-actualization at the top.
McClelland
David McClelland, a psychologist known for his work on motivation and the theory of Needs, including Achievement, Affiliation, and Power.
Achievement Needs
The desire or motivation of an individual to achieve excellence, accomplish challenging goals, and advance personally or professionally.
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