Many of Staff Will Be Required by Licensing or Certifications

question 23

Multiple Choice

Many of staff will be required by licensing or certifications authorities to participate in continuing education. As the administrator, you should:

• A) Encourage this.
• B) Demand they do it on their own time.
• C) Not get involved.
• D) All of the above

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Definitions:

Marginal Cost

The increase in total cost that arises from an extra unit of production.

Typeset

A method or process of setting text for printing.

Inverse Demand Function

A mathematical function that shows the relationship between the price of a good and the quantity demanded, with price as a function of quantity.

Unit Tax

A fixed amount of tax imposed on a product, regardless of its price.