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Match the Term with the Appropriate Definition or Description

question 15

Multiple Choice

Match the term with the appropriate definition or description:
-Focuses on preventing disease processes from ever getting started


Definitions:

External Benefit

A positive effect of a transaction or activity on a third party who is not involved in the transaction, also known as a positive externality.

Private Decisions

Choices made by individuals or businesses in the private sector, typically regarding consumption, investment, or production.

Efficiency

The effectiveness with which resources are used to achieve a desired outcome, maximizing outputs from given inputs without waste.

Transferable Rights

Rights that can be assigned or transferred from one party to another.

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