Match the Following: -Hierarchy of Needs

question 67

Multiple Choice

Match the following:
-hierarchy of needs

• A)realizing full potential
• B)observe the behavior of others
• C)food, water, air
• D)permanent change in behavior
• E)unpleasant results from behavior
• F)employees are motivated by money
• G)similar to belongingness and esteem
• H)leads people to behave in specific ways
• I)how motivation occurs
• J)reduce dissatisfaction
• K)dual-structure theory
• L)Abraham Maslow
• M)scientific management motivator
• N)what an individual requires or wants
• O)based on social comparisons
• P)do better than in the past
• Q)seldom used by managers
• R)consequences of behavior
• S)being treated unfairly
• T)human companionship

Analyze the effects of market adjustments (entry and exit of firms) on prices, demand, and economic profits in competitive price-searcher markets.

Describe the decision-making process of firms regarding output, pricing, and profit maximization in competitive price-searcher markets.

Identify the impact of economic profits, losses, and zero economic profits on firm behavior and market structure.

Explain the role of marginal cost and marginal revenue in the operational decisions of competitive price-searcher firms.

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Definitions:

Rent-seeking Behavior

Activities aimed at gaining economic benefits without contributing to productivity, often through manipulation or exploitation of the political environment.

Limit

The maximum or minimum threshold that parameters, values, or quantities can reach.

Personal Computers

Electronic devices designed for individual use, capable of executing a set of commands to perform various tasks, such as word processing, internet browsing, and gaming.

Private Sector

The part of the economy that is run by individuals and companies for profit and is not under direct government control.