According to a National Health Interview Survey (NHIS) Analysis of the Use

question 4

Multiple Choice

According to a National Health Interview Survey (NHIS) analysis of the use of CAM therapy, use was higher among what demographic?

• A) Families whose parent or parents had a college education.
• B) Hispanic and African-American populations.
• C) Persons who had not recently taken prescription medications.
• D) Those living in households earning less than $65,000.

---

Definitions:

Profit-Maximizing Level

The output level at which a firm achieves the highest possible profit, where marginal cost equals marginal revenue.

Competitive Firm

A business entity in a market where it must take the prevailing market price as given, due to its inability to influence prices through its own actions.

Market Price

The present cost at which a product or service is available for purchase or sale in the market.

Economic Profit

The difference between a firm's total revenue and its opportunity costs, including both explicit and implicit costs.