Examlex
For a perfectly competitive firm
Primary Drive
Basic, innate drives that motivate behavior necessary for survival, such as hunger, thirst, and the need for warmth.
Stimulus Motives
Drives or urges that are unlearned and lead organisms to pursue stimuli or activities that provide sensory satisfaction.
Self-Actualization
A concept in humanistic psychology referring to the realization or fulfillment of one's talents and potential, considered as a drive or need present in everyone.
Maslow's Hierarchy
A theory in psychology proposed by Abraham Maslow, describing a five-tier model of human needs, from basic (physiological) to higher (self-actualization).
Q24: A barrier to entry<br>A) makes it illegal
Q32: In the above table, the marginal product
Q91: A perfectly competitive firm is maximizing profits
Q140: If four workers were hired and we
Q191: A market structure in which the decisions
Q220: The more substitutes there are for a
Q273: Total revenue divided by quantity is<br>A) average
Q304: If an industry's long-run per-unit costs decrease
Q384: The change in total product occurring when
Q425: Economic efficiency is indicated by<br>A) P =