Matching -Fetal Alcohol Syndrome

question 88

Multiple Choice

Matching
-Fetal alcohol syndrome

• A)dangerously high level of alcohol consumption causing depression of the central nervous system
• B)the most serious type of alcohol-related liver disease
• C)inflammation of the liver
• D)buildup of fat cells in the liver
• E)pattern of mental and physical birth defects caused by drinking alcohol during pregnancy

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Definitions:

Elastic

Describes a situation in which the demand or supply for a good is sensitive to changes in price.

Firm

A business organization, such as a corporation or partnership, that sells goods or services in exchange for revenue.

Variable Costs

Costs that vary directly with the level of output or production, such as materials and labor costs.

Industry Short-run

A period in which at least one of a firm's inputs is fixed, limiting the firm's ability to adjust fully to market changes.