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DrUyenco Wants to Know How Many New Cases of Autism

question 22

Multiple Choice

Dr.Uyenco wants to know how many new cases of autism are diagnosed each year in her particular state.Which type of data should she access?


Definitions:

Implicit Costs

The opportunity costs of using resources owned by the firm for its own production instead of selling or renting them to others.

Interest Rate

The price, calculated as a percentage of the amount borrowed, that a lender charges a borrower for the use of their savings for one year.

Salary

A fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee.

Explicit Cost

Direct payment made to others in the course of running a business, such as wages, rent, and materials.

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