In an Effort to Serve Consumers Who Have Become More

question 57

Multiple Choice

In an effort to serve consumers who have become more health conscious,a number of firms have begun developing small electronic devices which allow people to monitor various health conditions.These firms are reacting to which of the three key economic ideas?

• A)People are rational.
• B)People respond to economic incentives.
• C)Optimal decisions are made at the margin.
• D)Firms attempt to maximize revenues.

---

Definitions:

Respiratory Syncytial Virus

A common virus that causes respiratory infections, particularly severe in infants and elderly individuals.

Immunize

The process of making a person immune or resistant to an infectious disease, typically by the administration of a vaccine.

Prophylactic Antibiotics

Antibiotics administered as a preventive measure, especially before surgery or in situations of high risk of bacterial infection, to reduce the risk of infection.

Pulse Oximetry

A non-invasive method to measure the oxygen saturation (SO2) level of the blood.