Solve the Problem $\$ 7.59 , \$ 8.49 , \$ 8.39 , \$ 8.59 , \$ 7.59 , \$ 8.29 , \$ 7.39$

question 32

Multiple Choice

Solve the problem.
-The following prices per pound of ocean perch were found at seven supermarkets:
$\$ 7.59 , \$ 8.49 , \$ 8.39 , \$ 8.59 , \$ 7.59 , \$ 8.29 , \$ 7.39$
What is the median price per pound?

• A) \(\$ 7.59\)
• B) \(\$ 8.59\)
• C) \(\$ 8.39\)
• D) \(\$ 8.29\)

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Definitions:

Lower-order Needs

Basic human needs in Maslow’s hierarchy, such as physiological and safety needs, which must be satisfied before higher-order needs can be pursued.

Maslow's Hierarchy of Needs Theory

A psychological theory that categorizes human needs into a five-level pyramid, starting from basic physiological needs to self-actualization.

Higher-order Needs

Psychological needs that are associated with personal achievement, self-respect, and the recognition and respect of others.

Practical Managerial Questions

Real-world, applied queries that managers address to solve operational problems and improve organizational performance.