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igor_vitrenko [27]
3 years ago
15

Once lower-order needs are satisfied, it is difficult to predict which higher-order needs will motivate behavior.

Business
1 answer:
Levart [38]3 years ago
3 0

Two basic needs categories:

<span>1.  </span>Lower-Order needs- this includes safety, physiological requirements.

<span>2.  </span>Higher-Order needs- under this category are belongingness, affiliation, accomplishments, esteem, self-actualization, influence (power).

The lower-order needs must be met for higher-order needs to have a long lasting effect on satisfaction. Once lower-order needs are satisfied, it's difficult for managers to predict which higher-order needs will motivate behavior. (TRUE)





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Suppose the demand for Digital Video Recorders (DVRs) is given by Q = 250 - .25p + 4pc, where Q is the quantity of DVRs demanded
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The question is incomplete. Here is the complete question

Suppose the demand for Digital Video Recorders (DVRs) is given by Q = 250 - .25p + 4pc, where Q is the quantity of DVRs demanded (in 1000s), p is the price of a DVR, and pc is the price of cable television. How much does the quantity demanded for DVRs change if the p rises by $40? A) drops by 10,000 DVRs B) increases by 16,000 DVRs C) drops by 2,500 DVRs D) increases by 4,000

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The demand for digital video recorders is expressed by

Q= 250- .25p+4pc

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Q represents the quantity demanded by the customers

P represents the price of DVR

pc represents the price of cable television

Since the factor of p in the expression above is negative, this implies that the quantity of DVR demanded in the market will reduce

If the price of DVR increase by $40, then the quantity demanded will reduce by

= 0.25×40×1000

= 10×1000

= 10,000 units

Hence the quantity of DVRs drops by 10,000 DVRs if the price is increased to $40

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