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Russell practices law.Most of his clients are poor, illiterate, or physically challenged.He likes helping them solve their problems.He occasionally gets paid for helping out in such cases.But he is satisfied with his life and doesn't care what others say about it.According to Maslow's hierarchy of need framework, the act of helping out the poor satisfies Russell's:
Labour Cost
The total amount of money that businesses have to pay to their employees, encompassing wages, benefits, and taxes.
Sensitivity
The degree to which the output of a model or system reacts to changes in input parameters or assumptions.
Fixed Cost
A cost that does not change with an increase or decrease in the amount of goods or services produced or sold.
Variable Cost
Costs that vary directly with the level of production output or volume, such as materials and labor expenses directly involved in product manufacturing.
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