Why Might It Matter on a Survey Whether You Include

question 21

Multiple Choice

Why might it matter on a survey whether you include the term "diabetes" and the phrase "having the Sugar" when asking medical diagnostic questions?

• A) This includes a commonly used term for diabetes.
• B) Different languages use different terms.
• C) These diagnoses are similar.
• D) Sugar is a brand name for diabetes medication.

Understand the concept of producer surplus and its variation with market price changes.

Comprehend the basics of market equilibrium and how demand and supply determine market prices.

Analyze the role of market competition in maximizing total benefits to buyers and sellers.

Understand how public policy can affect market efficiency and address market failures.