Examlex
The difference between universal precautions and standard precautions is that universal precautions relate only to:
Monopoly
A monopoly exists when a single entity exclusively controls the supply of a particular good or service, often limiting competition.
Externalities
Economic side effects or consequences of commercial activities that affect other parties without being reflected in costs.
Price Mechanism
The process through which prices rise and fall as a result of changes in supply and demand, determining the allocation of resources in a market economy.
Wage and Price Controls
Government-imposed restrictions on the levels at which wages and prices can be set, usually to control inflation.
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