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While evaluating a client for a heart murmur, the nurse auscultates the murmur with the bell of a stethoscope. For which type of heart murmur is the nurse assessing?
Comparative Advantage
is the ability of an individual or country to produce a good or service at a lower opportunity cost than competitors.
Opportunity Cost
The cost of what is foregone in order to pursue a certain action, essentially the benefits you could have received by taking an alternative action.
Consumer Sovereignty
The idea that consumers ultimately dictate what will be produced (or not produced) by choosing what to purchase (and what not to purchase).
Economic Problem
The issue of limited resources to meet unlimited wants and needs, requiring choices and prioritization.
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