Suppose a and B Are Events Where P(A) = 0

question 83

True/False

Suppose A and B are events where P(A) = 0.4, P(B) = 0.5, and P(A B) = 0.2. Then P(B/A) = 0.4.

Identify strategies and interventions for health promotion and disease prevention.

Recognize factors influencing health behaviors and outcomes among individuals and communities.

Distinguish between types of prevention (primary, secondary, tertiary) and their implications for care.

Relate the importance of health screenings and assessments in detecting early-stage diseases.

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Definitions:

Natural-Monopoly Situation

A market condition in which a single firm can produce output at a lower cost than can multiple firms, leading to a monopoly justified by efficiencies of scale.

Implicit Costs

The opportunity costs that arise from using resources that a business already owns rather than earning revenue from those resources elsewhere.

Explicit Costs

Direct, out-of-pocket expenses incurred in conducting a business activity, such as wages, rent, and materials.

Economic Profits

Profits earned by a company after accounting for both explicit (direct) and implicit (opportunity) costs.