Which of the Following Is an Implicit Cost? I

question 75

Multiple Choice

Which of the following is an implicit cost? i. Wages paid to workers
Ii) The normal profit
Iii) The electricity bill

• A) i only
• B) ii only
• C) i and ii
• D) ii and iii
• E) Neither i, ii nor iii

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:

Maslow's Need Hierarchy

Maslow's Need Hierarchy is a theory in psychology that categorizes human needs into a five-level pyramid, from basic physiological needs to self-actualization.

Successively Gratify

To provide satisfaction or rewards in a sequential manner, often used as a strategy to maintain motivation and engagement.

Highest Level

The utmost degree or the peak of achievement, performance, or quality in a given context.

McClelland's Need Theory

A motivational theory that identifies three primary needs driving human behavior: Need for Achievement, Need for Power, and Need for Affiliation.