Which of the Following Statements Is Accurate Regarding Motivations

question 7

Multiple Choice

Which of the following statements is accurate regarding motivations?

• A) they are inner drives that cause people to take action to satisfy their needs
• B) Maslow created a hierarchy to categorize motivations
• C) motivations have a direct influence on consumer behavior
• D) both a and c are correct

---

Definitions:

Claret

A term often used in British English to refer to red Bordeaux wine.

Utility Function

A mathematical representation of how different goods or bundles of goods provide satisfaction or utility to a consumer.

Substitution Effect

The change in the consumption of goods as a result of a change in their relative prices, holding the consumer's utility level constant.

Income

The financial gain received by an individual or business, typically expressed as a total earnings or profit.