Older Adults Sometimes Suffer from a Condition That Makes Their

question 130

Multiple Choice

Older adults sometimes suffer from a condition that makes their bones more hollow and more brittle and may lead to a bent or stooped posture. This condition is called:

• A) arthritis
• B) atherosclerosis
• C) muscular atrophy
• D) osteoporosis

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Definitions:

Economic Efficiency

A condition in which all available resources are utilized in the most effective manner to satisfy society's needs and wants, minimizing waste and maximizing value.

Market Price

The current market value at which an asset or service is up for sale or purchase.

External Benefits

Positive effects experienced by those not directly involved in an economic transaction.

Efficient Equilibrium

A state in which resources are allocated in the most efficient manner, leaving no potential for reallocating resources to make someone better off without making someone else worse off.