When You Place a Patient's Ledger Card on the Pegboard

question 49

Multiple Choice

When you place a patient's ledger card on the pegboard, how should you position the card?

• A) Align the ledger card's first blank line with the carbon strip under the next available superbill
• B) Align the top of the ledger card with the top of the daily log
• C) Align the bottom of the ledger card with the carbon strip under the next available superbill
• D) Align the top of the next available superbill with the top of the ledger card
• E) Align the right side of the ledger card with the right side of the superbill

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Definitions:

Elastic Demand

Reflects how the quantity demanded of a good or service changes in response to a change in price; high elasticity indicates demand is highly sensitive to price changes.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good consumers are willing and able to buy.

Perfectly Elastic

A situation in economic theory where the quantity demanded or supplied responds infinitely to changes in price.

Perfectly Inelastic

A situation in which the demand for a good or service does not change in response to changes in price.