Implicit Costs Refer to

question 23

Multiple Choice

Implicit costs refer to

• A) out-of-pocket expenses
• B) all readily identified expenditures
• C) incremental costs of policy
• D) none of the above

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Definitions:

Bursitis

Inflammation of a bursa, a fluid-filled sac that acts as a cushion between bones, tendons, joints, and muscles.

Gynecology

The medical practice dealing with the health of the female reproductive systems and the breasts.

Gynec/o

A prefix pertaining to women or the female reproductive system.

Analgesics

Medications designed to relieve pain without causing a loss of consciousness, also known as painkillers.