Examlex
In Maslow's hierarchy of needs, which of the following needs is a higher-order need than cognitive needs?
Antiques
Items of high value due to their considerable age and historical significance, often collected or used for investment.
Inelastic
Describes a situation where the demand or supply for a good or service is relatively unresponsive to changes in price.
Price-elasticity Coefficient
A measure of how much the quantity demanded of a good responds to a change in the price of that good, calculated as the percentage change in quantity demanded divided by the percentage change in price.
Advertised
The process of promoting products, services, or brands through various media channels to increase public awareness or sales.
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