Donald Smokes and Has High Cholesterol

question 70

Multiple Choice

Donald smokes and has high cholesterol.He has two of the three major causes of endothelial damage.What is the third?

• A)family history of atherosclerosis
• B)lack of exercise
• C)dramatic fluctuations in blood pressure
• D)previous heart attack

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Definitions:

Total Cost

The complete cost of production, including both fixed and variable costs incurred in the creation of a good or service.

Purely Competitive Firm

A business operating in a market where there are many buyers and sellers, each with negligible impact on the price of goods and services.

Economic Profit

The variance between collective earnings and complete expenditures, encompassing both overt and covert costs.

Normal Profit

The minimum amount of profit needed for a company to remain competitive in the market; it equals the total opportunity costs of a firm.