Maslow's Hierarchy of Needs Theory Suggests That Humans Have Wants

question 75

Multiple Choice

Maslow's Hierarchy of Needs Theory suggests that humans have wants and needs that influence their behavior.People advance only to the next level if the lower needs are met.The order of the needs is ____________.

• A) Safety, physiological, love/social, self-esteem, self-actualization
• B) Safety, love/social, physiological, self-esteem, self-actualization
• C) Physiological, love/social, safety, self-esteem, self-actualization
• D) Physiological, safety, love/social, self-esteem, self-actualization
• E) Physiological, safety, self-esteem, love/social, self-actualization

Identify the strategies monopolistically competitive firms use to gain market power and differentiate their products.

Comprehend the importance of product differentiation and the forms it can take (horizontal and vertical).

Analyze the impact of the Internet on advertising and market behavior.

Grasp the concept of product variety in well-functioning markets and its determinants.

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Definitions:

Neuromuscular Excitability

The ability of a muscle and its corresponding nerves to respond to stimuli, crucial for muscle contraction.

Increased Osmolality

A higher concentration of solutes in a solution, leading to increased osmotic pressure and potentially affecting cellular processes and fluid balance.

Extracellular Fluid

A fluid that surrounds cells and forms part of the body's internal environment, facilitating the transport of nutrients, oxygen, and waste products.

ADH

Antidiuretic hormone, a hormone that regulates water balance in the body by increasing the kidneys' ability to reabsorb water.