In Economics,a Public Good

question 103

Multiple Choice

In economics,a public good

• A)Is any good produced by the government.
• B)Has social costs of production lower than private costs of production.
• C)Is provided in an optimal amount by the market.
• D)Cannot be denied to consumers who have not paid.

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Definitions:

Restraining Extremities

entails the use of physical or mechanical means to limit the movements of limbs for safety reasons, often used in healthcare settings to prevent harm to the patient or others.

Pediatric Department

A specialized division within a hospital or medical facility that focuses on the care and treatment of children and adolescents.

Rectal Suppositories

Medication prepared to be inserted into the rectum where it dissolves or melts to exert its therapeutic effect.

Long-Term Care

Services that include medical and non-medical care for people who have chronic illnesses or disabilities and need help with daily activities over an extended period.