In Using the PRECEDE-PROCEED Model, Completing the First Phase Results

question 3

Multiple Choice

In using the PRECEDE-PROCEED model, completing the first phase results in:

• A) identification of the social problems and issues of importance to the community.
• B) formation of a planning committee.
• C) creation of a plan for conducting a needs assessment.
• D) recognition of the educational needs of the intended audience.

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Definitions:

Economic Profit

The difference between total revenue and total cost, including both explicit and implicit costs.

Investment

The allocation of resources, usually financial, into assets with the expectation of generating income or profit in the future.

Economic Rent

A return on an asset or payment to a factor of production in excess of what's necessary to keep it in its current use.

LAC

Long-run Average Cost, which represents the per unit cost of production when all inputs, including capital, are variable.