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While interviewing a 48-year-old client during her annual physical examination, the nurse learns that she has never had a mammogram. The American Cancer Society recommends annual mammography screening starting at age 40. Before the nurse encourages this client to begin annual screening, it is important for her to understand the reasons why women avoid testing. These reasons include which of the following? (Select all that apply.)
Market Failures
Situations in which the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.
Government Intervention
Actions taken by a government to influence or regulate various activities within its economy.
Market Signals
Indicators or information that guide economic decisions by conveying important data about the conditions or trends within a market.
Adverse Selection
Adverse selection is a phenomenon in economics and insurance where parties at a disadvantage due to asymmetric information are more likely to participate in an agreement or purchase, potentially leading to a market failure.
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