Match Each Item with a Statement Below

question 8

Multiple Choice

Match each item with a statement below.

-Reimbursement for health care services that is designed to link payment incentives to quality and performance outcomes

• A)outcome measures of quality
• B)Planetree
• C)quality improvement interventions
• D)total quality management
• E)business process reengineering
• F)structural measures of quality
• G)pay-for-performance
• H)Pebble Project
• I)high-reliability organizations
• J)process measures of quality

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Definitions:

Marginal Product

The additional output that is produced by using one more unit of a factor of production, all other inputs remaining constant.

Profit

Total revenue minus total cost.

Diminishing Marginal Product

The principle that as more of a variable input is added to a fixed input, the additional output produced from each new unit of input will eventually decrease.

Production Function

A production function describes the relationship between inputs used in production and the output generated from those inputs.