What Explains Much of the Increase in Life Expectancy from 1900

question 1

Multiple Choice

What explains much of the increase in life expectancy from 1900 to 2016?

• A) increased use of technology
• B) public health actions and laws
• C) better management of hospitals
• D) consumer health awareness

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Definitions:

Perfectly Competitive

A perfectly competitive market is one where there are many buyers and sellers, all selling identical products, with no single buyer or seller able to influence the market price.

Sellers

Participants in a market who offer goods or services for sale.

Zero Profit

A condition in which a firm's total revenues are exactly equal to its total costs, making no economic profit.

Electricity Prices

The amount charged by energy suppliers for the consumption of electrical power.