Match the Term with the Appropriate Definition or Description

question 46

Multiple Choice

Match the term with the appropriate definition or description:
-Efforts made by communities to cope with health problems that arise when people live in groups

• A)endemic
• B)epidemic
• C)epidemiology
• D)pandemic
• E)primary prevention
• F)public health
• G)public health problems
• H)secondary prevention
• I)tertiary prevention

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a given market, determined by supply and demand dynamics.

Firm

A business or company that sells goods or services in an attempt to earn a profit.

Competitive Price-Taker Firm

A business that accepts market prices as given because it has no power to influence them.

Economic Profit

The difference between the total revenue received from the sale of an output and the total opportunity costs of the inputs used.