DrWilliams Is Lecturing to His Psychology Class About Bipolar Disorder

question 1

Multiple Choice

Dr.Williams is lecturing to his psychology class about bipolar disorder in children.Which of these points is he most likely to include in his lecture?

• A)It is relatively easy to diagnosis bipolar disorder in children but quite difficult to effectively treat.
• B)Bipolar disorder in children is fundamentally different than bipolar disorder in adults.
• C)Bipolar disorder is relatively common in children and adolescents.
• D)It is difficult to both diagnose and treat bipolar disorder in children.

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Definitions:

Market Failure

The failure of a market to be efficient; when the individual pursuit of self-interest leads to bad results for society as a whole.

Market Power

The ability of a producer to raise prices.

Externalities

External benefits and external costs.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning individuals cannot be effectively excluded from use, and where use by one individual does not reduce availability to others.