A TV Actor Used to Be a Teacher

question 169

Multiple Choice

A TV actor used to be a teacher.Aside from the salary, he likes both jobs equally well.If he can earn $50, 000 as a teacher and $300, 000 as an actor, what are his economic rent and opportunity costs as an actor?

• A)Economic rent is $250, 000; opportunity costs are $50, 000.
• B)Economic rent is $50, 000; opportunity costs are $250, 000.
• C)Economic rent is $50, 000; opportunity costs are $300, 000.
• D)Economic rent is $300, 000; opportunity costs are $50, 000.
• E)Economic rent is $300, 000; opportunity costs are $350, 000.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Good

An item or product that is produced or manufactured to fulfill wants or needs.

Service

An intangible act or use benefit provided by one party to another that does not result in ownership of anything.

Position

The place a brand or product occupies in the consumers' minds relative to competitors, often based on attributes, benefits, perceptions, or reputation.

Market Penetration

A measure of the extent to which a product or service is recognized and bought by customers in a particular market.