McClelland's Learned Needs Theory Focuses On: the Need for Achievement

question 12

True/False

McClelland's Learned Needs theory focuses on: the need for achievement (n Ach),the need for affiliation (n Aff),and the need for power (n Pow).

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Definitions:

Utility Schedule

A utility schedule is a table that shows the relationship between quantities of a good or service consumed and the utility or satisfaction derived from that consumption.

Marginal Utility

The additional satisfaction or utility gained from consuming an extra unit of a good or service.

Total Utility

The overall satisfaction or benefit a consumer receives from consuming a certain quantity of a good or service.

Marginal Utility

The additional satisfaction or benefit gained from consuming one more unit of a good or service.