A Fundamental Presumption in Maslow's Hierarchy of Needs Is

question 79

Multiple Choice

A fundamental presumption in Maslow's hierarchy of needs is

• A) security needs are more important than physiological needs.
• B) self-actualization needs can never really be satisfied.
• C) social needs are less important than esteem needs.
• D) a satisfied need is not a motivator.
• E) social needs are more important than all other needs.

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Definitions:

Average Variable Cost

The total variable cost divided by the number of units produced, reflecting the variable cost of producing each additional unit.

Total Variable Cost Curve

A graph that shows the relationship between total variable cost and the level of a firm’s output.

Factor Prices

The prices of the inputs used in the production process, such as labor, capital, and land.

Output

The total amount of goods and services produced by a business, industry, or economy.