The Substitution Effect of a Wage Rate Increase Suggests That

question 1

Multiple Choice

The substitution effect of a wage rate increase suggests that

• A) individuals will supply more work.
• B) individuals will supply less work.
• C) individuals will consume more leisure.
• D) individuals will supply more work and consume more leisure.

---

Definitions:

Wound Dressing

Materials and methods applied to a wound to protect it, promote healing, and prevent infection.

Patient-to-Nurse Ratio

The number of patients assigned to a nurse during a shift, affecting workload and the quality of care provided.

Wound Care

The management and treatment of wounds, including cleaning, disinfecting, and promoting healing to prevent infection and complications.

Quality Improvement

An ongoing process of evaluating and enhancing the quality of services or products, aimed at achieving superior outcomes in healthcare or other sectors.