Which of the Following Is an incorrect Description of Need

question 83

Multiple Choice

Which of the following is an incorrect description of need satisfaction in Maslow's hierarchy?

• A) Self-actualization needs are satisfied entirely with intrinsic rewards.
• B) Esteem needs are satisfied by both intrinsic and extrinsic rewards.
• C) Social needs are satisfied by both intrinsic and extrinsic rewards.
• D) Safety needs are satisfied entirely by extrinsic rewards.
• E) Physiological needs are satisfied entirely by extrinsic rewards.

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Definitions:

Average Total Cost

The sum of all production costs divided by the quantity of output produced, yielding the cost per unit on average.

Output

The complete sum of products or services created by an enterprise, field, or economic entity.

Marginal Cost

The cost of producing one additional unit of a good or service, a critical concept for understanding economic decision-making and pricing strategies.

Total Cost

The complete cost of production, combining both fixed and variable costs incurred by a business in producing a good or service.