Kirk Is Dealing with a Disability That Many Do Not

question 17

Multiple Choice

Kirk is dealing with a disability that many do not consider should be labelled as such and yet creates a major economic burden in many high-income countries and has fueled an entire industry generating enormous profits for the capitalist economy.Kirk's disability is

• A)mental illness.
• B)obesity.
• C)chronic disease.
• D)pain.

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Definitions:

Buyers

Participants in the market who purchase goods or services for consumption or investment.

Tax

A required payment to a governmental authority, derived from income, property, sales, and other sources, used to fund public services and obligations.

Demand Curve

A chart depicting how the price of a product correlates with the amount of it that buyers are prepared and can afford to buy at different price points.

Consumers

Individuals or groups who use goods and services generated within the economy.