An Organization of Producers That Limits the Amount of a Good

question 150

Multiple Choice

An organization of producers that limits the amount of a good produced is known as a

• A)free market organization.
• B)guild.
• C)collective.
• D)co-op.

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Definitions:

Belongingness

The human emotional need to be an accepted member of a group, whether it is friends, family, or some larger entity.

Esteem Needs

According to Maslow's hierarchy, these are the fourth level of human needs, focusing on respect, self-esteem, and recognition from others.

Physiological Needs

The basic physical requirements necessary for human survival, such as air, water, food, shelter, and sleep, as outlined in Maslow's hierarchy of needs.

Safety

The condition of being protected from or unlikely to cause danger, risk, or injury.