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Maslow's Hierarchy of Needs Started with Belongingness, Progressed to Safety

question 13

True/False

Maslow's hierarchy of needs started with belongingness, progressed to safety, and finally to esteem.


Definitions:

Capital-Intensive

A business process or industry that requires large amounts of capital investment in comparison to labor.

Average Product

The output per unit of a given input, typically labor, calculated by dividing total product by the quantity of that input.

Marginal Product

The additional output generated by adding one more unit of a particular input, holding all other inputs constant.

Profit-Maximizing

The process of adjusting production and sale strategies to achieve the highest possible profit.

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