Examlex
Which of the following is NOT one of the assumptions that Maslow based his hierarchy of needs theory on?
Differential Cost
The difference in cost between two alternative decisions or scenarios.
Incremental Cost
The additional cost associated with producing one more unit of a product.
Step-Wise Cost
Costs that remain constant for a certain level of activity but jump to a higher amount once a threshold is crossed.
Fixed Cost
Overheads that stay stable no matter the production or sales figures, involving costs like property rent, employee salaries, and insurance policies.
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