In Herzberg's Theory,the Lower-Level Needs Are Known as Hygiene Factors,and

question 42

True/False

In Herzberg's theory,the lower-level needs are known as hygiene factors,and the higher-level needs are called motivating factors.

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Definitions:

Demand Curve

A graphical representation showing the relation between the price of a good and the quantity demanded by consumers.

Profit Maximizing

is a strategy where a firm decides on the quantity of production and price to maximize its profit.

Elasticity Of Demand

A gauge of the extent to which demand for an item is affected by fluctuations in its price.

Monopoly Power

The ability of a single seller or firm to control the market price and output of a particular product or service, often resulting in limited choices and higher prices for consumers.