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Nonamiya [84]
3 years ago
11

According to Maslow's hierarchy of needs theory, esteem needs:

Business
1 answer:
klasskru [66]3 years ago
7 0

Answer:

c. include the need for recognition

Explanation:

Esteem needs two different sets of needs

  • the need for a positive self-image and self-respect
  • the need for recognition and respect from others
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Marginal social cost is defined as the marginal private cost plus the opportunity cost.

When an extra or additional unit of a good or service this produced brings about a change in society's total cost. This change in society's total cost is called marginal social cost. This includes both the opportunity cost and the marginal private cost. So it is the total of the private cost and the external cost that the person has to pay.

Marginal private cost is the change in the total cost of the producer due to the production of an additional unit of a good or service. This cost is also known as the marginal cost of production For example if the production of a person's costs rises from$1,000 to $1,050 due to the production of this one good being produced for $50 is known as the marginal private cost.

The opportunity cost is the benefit the person would have gotten if he would have invested the money elsewhere. For example, if the person has an extra $50. He can either invest it in the business or he can invest it in the bank and get the interest. The interest money that the person has to forgo is called the opportunity cost.

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2 years ago
Criminal law is concerned with a. the prosecution of private individuals by other private individuals. b. the prosecution of pub
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Answer:

d.

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