The Study and Practice of Health Promotion and Disease Prevention

question 20

Multiple Choice

The study and practice of health promotion and disease prevention at the population level

• A)Wellness
• B)Public health
• C)Disease prevention
• D)Health promotion
• E)Community health

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Definitions:

Economic Profit

The difference between the total revenue generated by a business and the total costs, including both explicit and implicit costs.

Accounting Profit

The total revenue of a firm minus the explicit costs directly associated with its operation, such as materials and labor, calculated according to standard accounting practices.

Implicit Cost

The opportunity cost equal to what a firm must give up in order to use resources it already owns for production, without direct payment.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen.