Most Definitions of Abnormality

question 231

Multiple Choice

Most definitions of abnormality

• A) are those which are based on statistics.
• B) are relative and take context into consideration.
• C) use the concept of social nonconformity as the main basis for judgment.
• D) can be made using only a person's subjective discomfort as a guide.

---

Definitions:

Deadweight Loss

A loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved or is not achievable.

Excise Tax

A tax imposed on specific goods, services, or transactions, often included in the price of the product, like alcohol, tobacco, and gasoline.

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium outcome is not achievable due to market failure or interventions.

Elasticity

A measure of how much the quantity demanded or supplied of a good responds to changes in price, income, or other factors.