Suppose That the Private Cost of Using Antibiotics Is Less

question 51

Multiple Choice

Suppose that the private cost of using antibiotics is less than its social cost-we would then expect people to ________ antibiotics, leading to an ________ market outcome.

• A) overuse; inefficient
• B) underuse; inefficient
• C) overuse; efficient
• D) make efficient use of; equilibrium

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Definitions:

Nausea

A feeling of sickness with an inclination to vomit.

Fracture

A break in the continuity of a bone.

Infection

The invasion and multiplication of microorganisms such as bacteria, viruses, and fungi that are not normally present within the body, causing disease or illness.

Maslow's Hierarchy

A psychological theory proposing a five-tier model of human needs, ranging from basic (such as food and shelter) to complex (such as self-actualization).