Angela Develops a Skin Rash After Using a New Brand

question 16

Multiple Choice

Angela develops a skin rash after using a new brand of facial cream.She decides to buy a nonprescription drug from a chemist to suppress the skin inflammation.Which of the following drugs is the chemist most likely to give her?

• A) An intramuscular injection of triamcinolone
• B) A topical hydrocortisone product
• C) Prednisolone tablets
• D) Mometasone nasal spray

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Definitions:

Equilibrium Price

The price at which the quantity of goods supplied equals the quantity of goods demanded in the market.

Purely Competitive Industry

An industry consisting of many buyers and sellers, where each firm is a price taker and the products are homogeneous.

Pure Monopoly Model

Describes a market structure in which a single seller sells a unique product in the market without any competition.

Productive Efficiency

Refers to a situation where an economy or entity cannot produce more of one good without affecting the production of another good, operating at the lowest possible cost per unit.