Based on Reports from People Who Use Drugs, Which Psychoactive

question 48

Multiple Choice

Based on reports from people who use drugs, which psychoactive substance is least associated with tolerance and withdrawal effects?

• A) opiates
• B) sedatives and hypnotics
• C) marijuana and hashish
• D) cocaine

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Definitions:

Marginal Cost

The expense associated with manufacturing an extra single unit of a product or service.

Profit Maximizing

The process of adjusting production and sale strategies to achieve the highest possible profits.

Economic Profits

Profits calculated by subtracting both explicit and implicit costs from total revenues; represents the extra amount over the payment needed to keep a resource in its current use.

P = ATC

An equation indicating the price level (P) at which the average total cost (ATC) of production is exactly met, often representing a break-even point for firms in competitive markets.