Examlex
Which of the following statements is an example of place utility?
Productivity
The efficiency with which goods and services are produced, often measured in terms of output per unit of input.
Reinforcement Theory
A psychological principle stating that the future frequency of a behavior is increased or decreased based on the consequences it produces.
Maslow's Hierarchy
A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated by a hierarchy of needs starting from basic physiological needs to self-actualization.
Needs
Needs are basic or essential requirements that individuals must have met in order to live, work effectively, and achieve well-being, including physical, social, and psychological necessities.
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