Self-Actualization Is a Terms Used by Maslow to Explain Why

question 151

True/False

Self-actualization is a terms used by Maslow to explain why managers who understand and help people satisfy higher order needs at work will achieve greater levels of productivity and fulfillment.

---

Definitions:

Long Run

A period of time in economics during which all factors of production and costs are variable, allowing full industry adjustment.

Output

The overall output of products or services from a business, industry, or national economy.

ATC Curve

Refers to the Average Total Cost curve in economics, which depicts how the total costs per unit of output change as the level of production is altered.

MC

The additional cost incurred by producing one more unit of a product or service, commonly known as marginal cost.