In an Example, a Local Church Is Made Up of People

question 28

Multiple Choice

In an example, a local church is made up of people who are very different in their lifestyles and their stages of life. Mary is a 23-year-old single parent who earns the minimum wage. Jonathan is 60 years old, extremely wealthy, and works because he enjoys it. Jane is a 45-year-old lawyer who earns well and is well-respected in her profession. She is extremely career-oriented and is proud of her achievements. Jane is likely to focus on which of the following levels of needs?

• A) esteem
• B) growth
• C) physiological
• D) self-actualization
• E) safety

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Definitions:

Consumer Taste

The preference and subjective valuation of goods and services by consumers, influencing their purchasing decisions and market demand.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing to buy at various prices.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers at various price levels.

Cost of Building

The total financial expense incurred through the construction of a building, including materials, labor, and any other costs.