According to Maslow's Hierarchy of Needs Theory, When an Employer

question 97

Multiple Choice

According to Maslow's hierarchy of needs theory, when an employer provides his employees health insurance, he is taking care of their ________ needs.

• A) safety
• B) social
• C) self-actualization
• D) esteem

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Definitions:

Midpoint Method

A technique used to calculate the percentage change between two values, offering a more precise method than simple percentage calculations.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, often used to understand the sensitivity of demand in relation to price changes.

Midpoint Method

A technique used in economics to calculate the percentage change in variables, offering a more precise measure of elasticity between two points.

Price Elasticity

A measure of how much the quantity demanded or supplied of a good changes in response to a change in price.