ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following may be an example of a need?
A
A Ferrari
B
Medication
C
Netflix
D
An iPhone
Explanation: 

Detailed explanation-1: -Medicines that are taken “as needed” are known as “PRN” medicines. “PRN” is a Latin term that stands for “pro re nata, ” which means “as the thing is needed.”

Detailed explanation-2: -Take as needed can vary from person to person and medication to medication. Essentially, it means that you should only take the medication when you really need it. For example, you may need to take a pain reliever like Tylenol when you’re experiencing pain. But you wouldn’t take it once the pain is gone.

Detailed explanation-3: -Liquid. The active part of the medicine is combined with a liquid to make it easier to take or better absorbed. Tablet. The active ingredient is combined with another substance and pressed into a round or oval solid shape. Capsules. Topical medicines. Suppositories. Drops. Inhalers. Injections. More items

Detailed explanation-4: -General Sales List (GSL) GSLs are a type of medicine that have few legal restrictions. Pharmacy Medicines. Pharmacy Medicines are only available to purchase behind the counter at a pharmacy. Prescription Only Medicines. Controlled Drugs. 28-Nov-2018

There is 1 question to complete.