The HCPCS Level II Book Often Lists

question 63

Multiple Choice

The HCPCS Level II book often lists:

• A) aspirin as acetylsalicylic acid.
• B) routine self-administration of J codes.
• C) both generic and brand names for drugs.
• D) generic over-the-counter drugs.

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Definitions:

Marginal Benefit Element

The heightened sense of satisfaction or value realized by a consumer upon acquiring another unit of a good or service.

Expected-Rate-of-Return-Curve

A graphical representation showing the range of possible outcomes for the return on an investment and their associated probabilities.

Law of Diminishing Returns

An economic principle stating that if one factor of production is increased while others are held constant, the overall return will eventually decrease after a certain point.

Financing R&D

The process of providing funds for research and development activities, typically to develop new products, services, or technologies.