What Is Instructive About the Response to the 2014 Ebola

question 45

Multiple Choice

What is instructive about the response to the 2014 Ebola outbreak?

• A) The ability of the developed world to eradicate disease when motivated
• B) The paradox of high resource commitment and low threat assessment
• C) The robust response of the WHO to deal with threats of pandemics
• D) The danger communicable diseases pose to developed states
• E) The ability of high-income governments to react appropriately to threats of disease

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Definitions:

Marginal Resource Cost

The additional cost incurred by using one more unit of a resource.

Upsloping Labor Supply Curve

A graphical representation indicating that as wages increase, the quantity of labor supplied also increases.

MRC Curve

The Marginal Resource Cost curve, representing the additional cost incurred by employing one more unit of a resource in production.

Monopsonist's Wage Cost

The cost to a monopsonist (a single buyer in a market) of paying for labor, influenced by their power to set wages due to lack of competition.