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A patient ("John Doe") is in need of a standing frame for home use.ALL of the following statements in the below letter of medical necessity satisfies the requirement to show medical necessity EXCEPT: This letter of medical necessity is being written on behalf of John Doe who is in need of a standing frame for home use.John is a 3 year-old boy who has right-sided hemiparesis with spasticity secondary to cerebral palsy.He is developing hip,knee,and ankle contractures because of the spasticity on his right side.
Optimal Consumption
The most efficient allocation of resources and consumption choices based on individual preferences, maximizing utility.
Utility Function
A representation of how a consumer ranks different bundles of goods according to their level of satisfaction or utility.
Income
Financial returns, especially continual, from work or investing activities.
Price of X
The amount of money required to purchase a product or service named X.
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