Maslow's Hierarchy of Needs States That Basic Physiological Needs Must

question 8

Multiple Choice

Maslow's hierarchy of needs states that basic physiological needs must be met before the individual can reach full potential.An example of a physiological need being met is:

• A) the need to be well thought of by oneself as well as by others.
• B) obtaining prenatal care early in pregnancy.
• C) drinking eight glasses of water a day and following a well-balanced diet.
• D) building an extra room for an elder onto a small house.

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Definitions:

Accountants

Professionals responsible for managing and auditing financial records, ensuring accuracy and compliance with legal requirements.

Short Run

Describes a period in which some factors of production or inputs are fixed, limiting the ability of a business to fully adjust to market changes.

Long Run

A period in which all factors of production and costs are variable, and firms can adjust all inputs.

Inputs Fixed

Refers to factors of production (like capital and land) that remain constant in quantity, regardless of the level of output.