​According to David McClelland, the Desire to Control, Influence, or Be

question 27

Multiple Choice

​According to David McClelland, the desire to control, influence, or be responsible for others is called a need for _______.

• A) empowerment
• B) affiliation
• C) power
• D) achievement
• E) status

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Definitions:

Perfectly Competitive

A market structure characterized by a large number of small firms, identical products, and free entry and exit which leads to firms earning normal profits in the long run.

Monopolist

A single seller in a market, who has significant control over the price and supply of a product.

Price Per Unit

The cost assigned to a single unit of a good or service.

Marginal Revenue

The profit derived from the sale of an additional item of a product or service.