Examlex
Which of the following is true of McClelland's need theory of motivation?
Fixed Cost
Fixed cost refers to expenses that do not change regardless of the business's level of output or sales, such as rent or salaries.
Long-Run Supply Curve
A curve that shows the relationship between market prices and quantities supplied over a period when all production inputs are variable.
Mad Cow Disease
A neurological disorder in cattle that can be transmitted to humans, causing a fatal brain disease.
Economic Profits
Profits exceeding the opportunity costs of all resources used by a firm.
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