Examlex
Describe the four components of a community nursing diagnosis and give an example of a community nursing diagnosis.
Marginal Cost
The cost of producing one additional unit of a good or service, calculated by the change in total cost that arises from an extra unit of output.
Demand
The measure of a good or service that people intend and are able to acquire at differing prices throughout a designated time span.
Admission Fee
The charge or payment required for entry into an establishment, event, or service.
MR=MC
MR=MC is an economic principle stating that optimal production quantity is reached when marginal revenue equals marginal cost.
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