Which of the Following Terms Refers to Factors That Are

question 38

Multiple Choice

Which of the following terms refers to factors that are known to be related to a disease but not proven to be causal?

• A) risk factors
• B) genetic factors
• C) determinants
• D) environmental factors

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Definitions:

Maximize Profits

A business goal to achieve the highest possible profit by optimizing sales revenue and minimizing costs.

Constant Marginal

Pertains to a situation where the additional cost or benefit of producing one more unit of a good or service remains unchanged.

Average Cost

The sum of all production expenses divided by the amount of product made.

Marginal Revenue

The surplus revenue collected from the sale of an extra unit of a good or service.