Employers Need Only Focus on Fulfilling the Bottom Two Levels

question 132

True/False

Employers need only focus on fulfilling the bottom two levels of Maslow's hierarchy of needs.

---

Definitions:

Equation

A mathematical statement that asserts the equality of two expressions, typically involving variables and constants.

Total Revenue

The overall amount of money generated by a business from its sales activities before any costs or expenses are deducted.

Price

The financial outlay presumed, obligatory, or given in payment for an object.

Demand Function

A mathematical expression showing the relationship between the quantity demanded of a good and various factors that affect this quantity, such as price, income, and prices of related goods.