If the Socially Optimal Level of Output for an Industry

question 17

Multiple Choice

If the socially optimal level of output for an industry is identical to the equilibrium output,there are

• A) external internalities of substance.
• B) both external internalities and internal externalities.
• C) no external economies or diseconomies.
• D) both external economies and diseconomies.
• E) internal and external reciprocities.

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Definitions:

Disinfection

The process of eliminating or reducing harmful microorganisms from surfaces or objects, to prevent infection.

Surgical Asepsis

Techniques used to maintain a sterile environment and prevent infection during surgical procedures.

Infectious Agents

Microorganisms or pathogenic entities, such as viruses, bacteria, fungi, and parasites, that can cause disease.

Medical Assistant

A multi-skilled healthcare professional who supports medical practice by performing various administrative and clinical tasks.