Solve the Problem. -In a Survey of 55 Hospital Patients, 24 Said They

question 70

Multiple Choice

Solve the problem.
-In a survey of 55 hospital patients, 24 said they were satisfied with the nursing care, 26 said they were satisfied with the medical treatment, and 6 said they were satisfied with both. How many patients were satisfied with
Neither? How many were satisfied with only the medical treatment?

• A) 11; 26
• B) 17; 26
• C) 18; 20
• D) 11; 20

---

Definitions:

Factors Of Production

The inputs used in the creation of goods or services; traditionally includes land, labor, capital, and entrepreneurship.

Capital

Funds or financial assets leveraged by companies to fund their operations and grow their businesses.

Profit

The earnings obtained when the income generated from business operations is higher than the expenses, costs, and taxes required for these operations.

Output Market

Marketplaces where finished goods or services are sold to consumers, as opposed to input markets where raw materials are bought.