According to Rotter,need Potential Is Highest Under Conditions of

question 31

Multiple Choice

According to Rotter,need potential is highest under conditions of

• A)low freedom of movement and high need value.
• B)high freedom of movement and low need value.
• C)high freedom of movement and high need value.
• D)low freedom of movement and low need value.

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Definitions:

Flu Vaccines

Vaccines that protect against influenza, a contagious respiratory illness caused by influenza viruses.

Marginal Social Benefits

The extra advantage obtained by society from the consumption of an additional unit of any product or service.

Positive Externalities

Benefits that are enjoyed by third-parties as a result of an economic transaction or activity, without them directly participating in the transaction.

Pigouvian Tax

A tax imposed on activities that generate negative externalities, aimed at correcting an inefficient market outcome.