Which of the Following Statements Best Reflects Maslow's Theory

question 69

Multiple Choice

Which of the following statements best reflects Maslow's theory?

• A) People attempt to satisfy basic needs before trying to satisfying higher-level needs
• B) The need hierarchy is comprised of existence, relatedness, and growth
• C) A person who is continually frustrated in satisfying one level of need will regress to the next lowest level need
• D) All of the choices are correct.

---

Definitions:

Demand

The capacity of consumers to purchase a good or service, considering their willingness and financial ability, at diverse prices over an established period.

Economic Inefficiencies

Circumstances where resources are not optimally allocated, leading to waste or losses in potential value within an economy.

Product Variety

The assortment of different goods or services offered by a firm or market to cater to diverse consumer preferences.

Monopolistically Competitive

A marketplace configuration in which a wide variety of firms supply products that are analogous but not identical, thereby granting them a modicum of market influence.